Month: June 2025

Ondo Finance Debuts $693M Treasury Token on XRP Ledger Amid Soaring RWA Trend

Tokenization platform Ondo Finance ONDO has debuted its flagship U.S. treasury-backed token on XRP Ledger (XRPL), giving institutional investors new tools to manage cash on the blockchain. Qualified purchasers can mint and redeem Ondo Short-Term U.S. Government Treasuries (OUSG) tokens around the clock using Ripple’s U.S. dollar stablecoin RLUSD,...
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Moody’s Ratings Brings Credit Rating to Solana in Real-World Asset Tokenization Trial

Global credit rating giant Moody’s Ratings and tokenization startup Alphaledger have completed a test run showing that municipal bond credit ratings can be embedded into blockchain-based securities, the companies told CoinDesk. The trial, conducted on the Solana SOL blockchain, showcases how credit ratings—typically distributed through proprietary data terminals—could be...
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Bitcoin Miner IREN to Raise $450M From Convertible Debt Offering

Bitcoin BTC and AI data center operator IREN plans to raise $450 million through a private sale of convertible senior notes, the company said in a press release. The notes, due in 2029, will be offered to qualified institutional buyers and could expand by another $50 million if initial...
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Will Ethereum price reach $3,000 in June?

Ethereum price made a bullish breakout this week, reaching a high of $2,832, its highest level since February 4. Ethereum (ETH) has jumped 102 percent from its lowest level in April, giving it a market capitalization of $333 billion. Currently…...
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XRP Gains 2%: What Is Going On?

XRP (CRYPTO: XRP) rose 2% as fresh developments across the Ripple ecosystem fueled optimism, with traders eyeing a potential breakout. Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.31 $136 billion +0.3% +2.7% Bitcoin (CRYPTO: BTC) $109,214.48 $2.17 trillion -0.6% +3.7% Ethereum (CRYPTO: ETH) $2,768.92 $333.7...
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