XRP Ledger vormt basis voor Franklin Templeton’s nieuwe tokenized fonds

PANews reported on October 17th that, according to Decrypt, Newsmax, a publicly listed US media company, is building a digital asset reserve centered around Bitcoin and Trump's meme coin, TRUMP. According to an announcement released Thursday, the company's board of directors has approved the plan, which will involve purchasing up to $5 million worth of both assets over the next year. The announcement did not provide details on how the company will fund the plan, but it expects the first strategic purchase to be made "in the near future."

PANews reported on October 17th that Bloomberg News reported that Ripple Labs Inc. is leading a fundraising effort to raise at least $1 billion to accumulate XRP, the company's digital token, suggesting that recent market turmoil has not deterred the cryptocurrency giant from fully pursuing its business plans. Sources familiar with the matter revealed that the funds will be deposited into a newly established digital asset treasury (DAT). Some of the sources said the funds will be raised through a special purpose acquisition company (SPAC), and Ripple Labs may invest some of its own XRP.

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