Evernorth Holdings, a Ripple-linked digital asset firm, plans to go public via a $1 billion SPAC merger with Armada Acquisition Corp. II, aiming to build one of the world’s largest XRP treasuries through open-market purchases. The deal includes a $200 million commitment from Japan’s SBI Holdings, with additional backing expected from Ripple, Pantera Capital, Kraken, and GSR.

BlackRock has launched the iShares Bitcoin ETP (ticker: IB1T) on the London Stock Exchange, giving UK retail investors regulated, direct exposure to spot Bitcoin for the first time. The physically backed ETP removes the need for self-custody while tracking BTC’s spot price, and debuted at $11.10, rising 5.54% on day one. BlackRock set a temporary total expense ratio (TER) of 0.15% through 31 December 2025, increasing to 0.25% thereafter, and confirmed reserves are held with r

Chainlink (LINK) saw notable whale accumulation as three newly created wallets withdrew over 825,000 LINK—roughly $15 million—from Binance, signaling growing long-term conviction and reduced exchange sell pressure. This on-chain activity aligns with an uptick in network engagement and a steady rebound in market sentiment, historically associated with accumulation phases and early-stage recoveries.