Jona Jaupi

1 week ago | thedefiant.io | Jona Jaupi

Backed by Ripple, the XRPQ fund has launched with 0% management fees. 3iQ, a Canadian digital asset manager, on Wednesday launched one of North America’s first XRP exchange-traded funds (ETFs) on the Toronto Stock Exchange. XRP, the native token of digital payment network Ripple, is currently trading at $2.17, up 1% on the day. The new ETF, listed under ticker symbols XRPQ and XRPQ.U, will track long-term holdings of XRP, according to a press release viewed by The Defiant.

1 week ago | thedefiant.io | Jona Jaupi

The boom is being driven by rising investor demand for real-world returns. The tokenized U.S. Treasury market has grown more than 500% since the start of 2024, reaching a record $5.6 billion in market capitalization at the end of April, according to CoinGecko’s RWA Report 2025. That fivefold increase was driven mainly by rising investor demand for low-risk, yield-bearing assets, the report explains. A major spike also came in March, when the Trump administration announced new trade tariffs.

1 week ago | thedefiant.io | Jona Jaupi

BTC and ETH hold steady at $104,000 and 2,500, respectively, despite geopolitical tensions and surging liquidations. The cryptocurrency market saw little movement on Wednesday as the U.S. Federal Reserve held interest rates steady, as expected. Bitcoin (BTC) is flat at around $104,000, while Ethereum (ETH) is up 0.7% to $2,488. XRP is holding steady at $2.15, and Solana (SOL) is down nearly 1% to $145.

1 week ago | thedefiant.io | Jona Jaupi

The financial firm is making HYPE its primary reserve asset as part of a broader move into DeFi.Financial platform Lion Group Holding Ltd. (LGHL) on Wednesday announced it has secured a $600 million facility from ATW Partners to kickstart its HYPE Treasury. Launched in December 2024, HYPE is the native token of the decentralized perpetual exchange and Layer 1 network Hyperliquid, which boasts a total value locked (TVL) of around $542 million, according to DeFiLlama.

1 week ago | thedefiant.io | Jona Jaupi

Bitcoin drops below $104,000 as $513 million in liquidations rock the market. The cryptocurrency market turned sharply lower on Tuesday after starting the week in the green, driven by escalating tensions between Israel and Iran. Bitcoin (BTC) is down 3.7% in the past 24 hours to $103,800, while Ethereum (ETH) decreased by 6.3% to $2,469. XRP dropped by 7% in the past 24 hours to $2.16, and Solana (SOL) plunged 7.2% to $146.