Ripple emerges from SEC battle with $40 billion valuation

Ripple’s $500 million raise at a $40 billion valuation attracted investors like Citadel Securities, Fortress Investment Group, and funds tied to Brevan Howard, Pantera Capital, and Galaxy Digital. The deal offered downside protection with guaranteed annualized returns for investors, driving Ripple’s expansion into stablecoins and acquisitions.

Ripple’s RLUSD stablecoin now has a market cap over $1 billion, reflecting growing interest in the company’s future performance and XRP surge potential.

WisdomTree launches tokenized fund for options-income strategy

Asset manager WisdomTree introduces a tokenized fund tracking the Volos US Large Cap Target 2.5% PutWrite Index, offering a put-writing strategy through onchain options. This move highlights the convergence of traditional finance and blockchain, providing a new way for investors to access volatility strategies through digital assets.

Bitwise’s crypto index fund transitions to NYSE Arca

Bitwise’s 10 Crypto Index Fund (BITW) moves to NYSE Arca, becoming an exchange-traded product for broader institutional participation. BITW offers exposure to the top 10 crypto assets by market capitalization, providing a diversified investment option for those uncertain about predicting future crypto winners.

Twenty One Capital debuts on NYSE with strong Bitcoin stash

Bitcoin treasury company Twenty One Capital starts trading on NYSE, holding over 43,000 BTC valued at nearly $4 billion. Backed by Cantor Fitzgerald, Tether, Bitfinex, and SoftBank, the company exceeded its Bitcoin accumulation targets, reflecting the institutional push into digital assets and the growing interest in Bitcoin as “honest money.”

Read more at Cointelegraph: How Ripple Convinced Wall Street About Its Post-SEC Future