News

ChainCatcher reports that Evernorth, an XRP treasury entity supported by Ripple, is preparing to go public on Nasdaq through a SPAC merger, with the trading code XRPN. The company holds 388 million XRP tokens, currently valued at approximately $812 million. CEO Asheesh Birla stated: "The timing couldn't be more perfect. We have the right regulatory environment, government support, and institutions ready to adopt." Although crypto reserve companies have recently seen their valuations plummet and many have stopped purchasing cryptocurrencies, Birla emphasized that Evernorth not only provides exposure to XRP but also handles custody, compliance, and security obligations.

Foresight News reported that Messari recently released a research report that provides an in-depth analysis of Bitget's market structure evolution. The report points out that its Universal Exchange (UEX) model has entered a phase of large-scale growth, driven by tokenized assets and institutional business. According to the report, as of December 2025, the total trading volume related to US stocks on the Bitget platform has exceeded $18 billion.In terms of segmented business performance, tokenized stocks have become one of the most significant growth sectors for Bitget. The report mentions that since this business was launched in July 2025, it has rapidly expanded in scale, with related futures trading volume reaching $17.1 billion and spot trading volume in December at approximately $1 billion. Notably, Bitget accounts for nearly 90% of the overall trading activity in Ondo tokenized stocks.In addition, the report also mentions the overall expansion of Bitget's Universal Exchange architecture. Since its launch in April 2025, Bitget's Onchain trading segment has accumulated a trading volume of over $2.4 billion. Messari believes that as institutional participation continues to increase, the UEX model not only represents expansion at the product level but also reflects the evolution of trading infrastructure from a relatively fragmented model to a more unified and integrated system.

BlockBeats News, January 16, X Product Lead and Solana Ecosystem Advisor Nikita Bier stated, "The InfoFi app has been paying us millions of dollars for enterprise API access. We don't want this money." Earlier reports, X revoked API access for the "InfoFi" app to reduce platform spam content.