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Vika

@vika1213

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Openpayd and Ripple Partner to Enhance Fiat and Stablecoin Infrastructure for Streamlined Cross-Border Payments This collaboration will integrate Openpayd’s global fiat infrastructure, including real-time payment rails and multi-currency accounts, with Ripple Payments, which utilizes blockchain technology to facilitate fast and transparent cross-border payments in EUR and GBP. The partnership also enhances Openpayd’s stablecoin infrastructure by enabling direct minting and burning of Ripple USD (RLUSD), allowing businesses to seamlessly convert between fiat and RLUSD while accessing a comprehensive suite of services through a single API. Both companies emphasize the importance of robust fiat infrastructure for mainstream stablecoin adoption, with the partnership designed to simplify cross-border payments and improve liquidity management for enterprises. https://news.bitcoin.com/openpayd-and-ripple-partner-to-enhance-fiat-and-stablecoin-infrastructure-for-streamlined-cross-border-payments/
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TRON sees gains amid rumors of its plan to go public in US: Financial Times TRON (TRX) saw a 2% uptick on Monday following reports that the decentralized platform founded by Justin Sun is planning to become a public company, with United States (US) President Donald Trump's son, Eric Trump, allegedly taking a role in the new firm, according to the Financial Times. TRON plans to go public in merger with SRM Entertainment Cryptocurrency platform TRON plans to become a public company in the US, according to a Financial Times report on Monday. The public launch will follow a reverse merger with Nasdaq-listed SRM Entertainment (SRM) in a deal facilitated by Dominari Securities. The company will also take on the name Tron Inc. and mirror Strategy's Bitcoin focus for TRX. https://www.fxstreet.com/cryptocurrencies/news/tron-sees-gains-amid-rumors-of-its-plan-to-go-public-in-us-financial-times-202506162056
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Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range looks a lot like the $31,000–$64,000 sideways move before the sharp drop in early 2022. Traders and analysts are split over whether history is about to repeat itself or if fresh demand will keep Bitcoin aloft. According to reports, Bitcoin’s stretch from $61k to $104k mirrors the 2020–2021 “distribution zone” when it traded between $31,000 and $64,000 for nearly a year. Back then, the slide came fast: Bitcoin peaked around $69,000 in November 2021, then sank to roughly $15,600 by November 2022. That was a nearly 78% plunge. https://www.newsbtc.com/news/bitcoin/amid-bitcoin-hype-seasoned-trader-predicts-sudden-drop-to-this-level/
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Nasdaq-listed fitness company plans to raise $500 million for FET crypto treasury U.S.-listed fitness equipment manufacturer Interactive Strength (TRNR) announced today that it plans to raise up to $500 million in a securities purchase agreement, with the proceeds intended for the purchase of Fetch.ai's FET cryptocurrency. The company said it has begun acquiring FET tokens using an initial $55 million investment from DWF Labs and ATW Partners. "Fetch.ai is the market leader at the intersection of the two most important technology trends today: artificial intelligence and crypto," Trent Ward, CEO of Interactive Strength, said in a statement. "We believe our strategy to acquire a significant number of FET tokens could dramatically accelerate our mission to create significant long-term value for TRNR shareholders.” https://www.theblock.co/post/357730/nasdaq-listed-fitness-company-to-raise-for-fet-crypto-treasury
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Dubai real estate sales hit $18B in May amid tokenization push Dubai’s property market hit $18.2 billion in sales in May alongside growing tokenization momentum, new regulations and a record $3 billion real estate blockchain deal. Dubai’s real estate market surged in May, posting record sales volumes and transaction values that signal growing investor confidence and potential readiness for property tokenization. According to data shared in a press release with Cointelegraph by real estate platform Property Finder, Dubai’s real estate sector reached a total sales value of 66.8 billion dirhams (about $18.2 billion) across 18,700 transactions in May. The figures indicate a 44% year-on-year surge in transaction value and a 6% rise in sales volume. https://cointelegraph.com/news/dubai-real-estate-sales-tokenization-boom-may-2025
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Circle Soars 168% In First Day Of Trading On NYSE Following Strong IPO Shares of Circle Internet Group, the issuer of the market’s second-largest stablecoin, USDC, experienced a remarkable surge on Thursday, skyrocketing 168% as the company made its debut on the New York Stock Exchange (NYSE). Circle’s IPO Exceeds Expectations Circle’s stock opened at $69, well above its IPO pricing of $31. Throughout the day, the shares reached a peak of $103.75, showcasing strong investor enthusiasm. The IPO was priced late Wednesday, exceeding the anticipated range of $27 to $28, and substantially outpacing an earlier range of $24 to $26. This pricing strategy valued the company at approximately $6.8 billion before trading commenced. https://www.newsbtc.com/news/circle-soars-168-in-first-day-of-trading-on-nyse-following-strong-ipo/
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