Ripple-linked Evernorth to go public in $1B SPAC to build massive XRP treasury

Evernorth Holdings, a digital asset company with ties to Ripple Labs, has announced plans to go public through a merger with Armada Acquisition Corp. II, a Nasdaq-listed special purpose acquisition company (SPAC). This strategic move aims to tap into the growing institutional demand for publicly traded digital asset treasury firms.

The transaction is expected to generate more than $1 billion in gross proceeds, including a $200 million investment from Japan’s SBI Holdings, a company with historical ties to SoftBank. Additional backing is anticipated from Ripple, Pantera Capital, Kraken, and GSR, according to the company.

Evernorth stated that the funds will be used to build one of the world’s largest XRP (XRP) treasuries through open-market purchases of the digital asset. Upon completion of the merger, the combined company is expected to trade on the Nasdaq under the ticker symbol XRPN.

Evernorth CEO Asheesh Birla explained that the new investment vehicle is designed to “accelerate XRP adoption” amid growing interest in decentralized finance (DeFi). It offers investors a public-market avenue to gain exposure to XRP and related digital-asset strategies.

This announcement follows reports that Ripple Labs plans to raise roughly $1 billion through XRP sales to establish its own digital-asset treasury by combining newly acquired tokens with part of its existing holdings.

Separately, Ripple recently agreed to acquire GTreasury, a corporate treasury management platform, in a deal valued at about $1 billion. This move aims to expand Ripple’s enterprise liquidity and payment infrastructure.

Meanwhile, other companies, including VivoPower, have unveiled XRP-focused digital-asset strategies, highlighting the increasing institutional interest in the token.

### The Rise of Digital Asset Treasury (DAT) Strategies

Evernorth’s push to build a digital-asset treasury is far from unique. This year alone, dozens of companies have emerged with similar ambitions to stockpile cryptocurrencies as part of their corporate balance sheets.

Much of this movement traces back to Michael Saylor’s pioneering strategy, as his company became the first major public firm to adopt Bitcoin (BTC) as a primary treasury reserve asset—a position that has since grown to nearly 700,000 BTC.

Beyond Bitcoin, corporate treasury strategies have expanded to include assets such as Ether (ETH), Solana (SOL), Ethena (ENA), and others. Companies are increasingly exploring digital assets with strong growth narratives.

However, skepticism remains. Deng Chao, CEO of crypto venture firm HashKey Capital, noted that digital-asset treasury strategies still face doubts from traditional finance, posing a barrier to wider institutional adoption.

Others share similar concerns. David Bailey, CEO of Bitcoin treasury firm Nakamoto, argued that poor performance among altcoins has eroded confidence in the broader digital-asset treasury model.

“Toxic financing, failed altcoins rebranded as DATs, too many failed companies with no plan or vision. It’s totally muddled the narrative,” Bailey said.

As digital assets continue to gain traction among institutional investors, the evolution of treasury strategies remains a dynamic space to watch. Evernorth’s upcoming public debut and Ripple’s expanding initiatives underscore the growing institutional appetite for digital asset exposure, even as challenges persist.
https://cointelegraph.com/news/evernorth-ripple-spac-xrp-treasury-deal?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Hong Kong Moves Forward with Stablecoins While Beijing Signals Concern

**Chinese Firms Halt Hong Kong Stablecoin Plans as Beijing Raises Concerns Over Controlled Digital Currencies**

*October 20, 2025* — Chinese technology firms, including Ant Group and JD.com, have paused their plans to issue stablecoins in Hong Kong following regulatory concerns raised by Beijing over privately controlled digital currencies. This move comes amid heightened caution from mainland authorities as Hong Kong increasingly develops its stablecoin and tokenization ecosystem.

### SFC Hosts Seminar on Risk Management for Digital Asset and Tokenised Funds

Last week, the Securities and Futures Commission (SFC) participated in a seminar organised by the Association of Fund Administrators of Hong Kong and the Greater Bay Area. The event attracted over 150 attendees, including fund managers, digital asset professionals, legal experts, and compliance officers.

Eric Yip, SFC’s Executive Director of Intermediaries, delivered the keynote speech focusing on risk management and control measures for digital asset funds and tokenised funds. The seminar emphasised the importance of collaborative efforts within the fund industry to enhance both technical and regulatory compliance capabilities while encouraging the adoption of new technologies in fund management.

### Understanding Risk Management in Digital Assets

Risk management is a foundational concept widely used by brokers and financial venues. It involves identifying potential risks in advance, analysing them, and undertaking precautionary steps to mitigate or prevent adverse outcomes. Effective risk management is vital for stability, especially in the finance industry where unforeseen events or crises can have significant repercussions.

Given the increasingly tightly regulated environment across all asset classes, robust risk controls are essential in managing the unique challenges posed by digital assets and tokenised financial products.

### RMB Internationalisation and Hong Kong’s Role in Tokenised Financial Products

China is carefully adjusting its digital currency approach, allowing for limited issuance of fiat-referenced stablecoins aimed at supporting the international use of the renminbi (RMB). Despite strict mainland capital controls and the 2021 crypto ban, Hong Kong has emerged as a controlled testbed for innovation in this area.

On August 1, 2025, Hong Kong introduced a new licensing regime for stablecoin issuers, positioning the city as a hub for tokenised financial products. This regulatory framework highlights the delicate balance between fostering innovation and enforcing regulatory oversight, a balance that is reflected both in the recent SFC seminar and Beijing’s cautious stance on privately controlled stablecoins.

### Background: What Are Stablecoins?

Unlike cryptocurrencies such as Bitcoin or Ethereum, stablecoins are designed to maintain a stable value. They appeal to investors who prefer reduced volatility compared to traditional cryptocurrencies. Stablecoins achieve this stability by being pegged to another cryptocurrency, fiat currency, or exchange-traded commodities, offering a more predictable investment vehicle.

### Outlook

The recent pause by major Chinese firms indicates Beijing’s intent to maintain control over digital currency initiatives and limit private sector-led issuance. In contrast, Hong Kong continues to develop its regulatory framework to support the growth of tokenised financial products, serving as an important gateway for RMB internationalisation and digital asset innovation.

**About the Author:**
Tareq Sikder is a Forex technical analyst and financial writer with over 12 years of experience in the industry.

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https://www.financemagnates.com/cryptocurrency/hong-kong-moves-forward-with-stablecoins-while-beijing-signals-concern/

Robert Kiyosaki Calls Bitcoin and Ethereum Real Money Over Fiat

**Robert Kiyosaki Labels Fiat Currency “Fake Money” and Urges Investment in Bitcoin, Ethereum, Gold, and Silver**

Robert Kiyosaki, the author renowned for his best-selling book *Rich Dad Poor Dad*, has once again voiced strong criticism of the U.S. dollar, referring to it as “fake money.” Highlighting concerns over rising inflation and economic policies that he believes disproportionately harm the poor and middle class, Kiyosaki is advocating for a shift away from traditional fiat currencies towards alternative assets.

### Kiyosaki Calls Out the Flaws in the Global Financial System

In a recent post on X (formerly Twitter), Kiyosaki warned about the falling value of government-issued currency due to inflation. He emphasized the growing gap where asset prices like Bitcoin and Ethereum continue to climb, while the cost of living steadily increases.

Kiyosaki remarked, “The RICH get RICHER. My concern is the price of life. Inflation makes life harder on the poor and middle class.” His warning extends to investors who rely heavily on cash savings, urging them to safeguard their wealth by investing in both tangible and digital assets.

### Bitcoin and Ethereum as a Hedge Against Inflation

Kiyosaki named Bitcoin and Ethereum alongside traditional stores of value such as gold and silver, labeling them “real money.” He encouraged investors to shift their focus from fiat currencies to these assets as a better defense against inflation.

Describing the current monetary system as “broken and corrupt,” Kiyosaki argued it primarily serves the wealthy, leaving everyday people exposed to greater financial risk—especially during times of economic downturn.

This is not the first time he has expressed these views. In previous posts, Kiyosaki highlighted global bond market turmoil as a sign of deeper economic issues, using it as a rationale for diversifying into cryptocurrencies.

### Advice for Investors: Move from Cash to Crypto

Kiyosaki cautioned against holding large amounts of government-issued money, saying fiat currencies are losing value and could suffer significantly if the anticipated financial crash in 2025 occurs.

“Don’t be a victim of a broken and corrupt monetary system,” he urged. Kiyosaki recommends that people consider storing their wealth in assets beyond central bank control.

While he also mentioned gold and silver as viable options, he noted the risk of physical assets being confiscated. Conversely, Bitcoin’s digital nature makes it far more difficult to seize, positioning it as a more secure store of value.

### Crypto Advocates Echo Similar Concerns

Bitcoin supporter Max Keiser has shared views aligned with Kiyosaki’s. He referenced a 2021 warning from former Twitter CEO Jack Dorsey, who predicted that hyperinflation could dramatically reshape the global economy.

Keiser pointed to the recent strong performance of gold and Bitcoin as evidence that investors are moving away from fiat currency. He encouraged focusing on protecting wealth in Bitcoin rather than debating between cryptocurrencies and precious metals.

### Market Performance and Investor Sentiment

Recently, Bitcoin’s price surged past $126,000 before experiencing a market correction. Despite this pullback, both gold and cryptocurrency have maintained strength, as many investors continue to see them as safe havens amid ongoing economic uncertainty.

**Conclusion**
Robert Kiyosaki’s blunt assessment of fiat money as “fake” and his endorsement of Bitcoin, Ethereum, gold, and silver serve as a stark warning for investors. With inflation impacting the cost of living and economic volatility on the horizon, diversifying into these alternative assets may be a prudent strategy to preserve wealth in the years ahead.
https://coincentral.com/robert-kiyosaki-calls-bitcoin-and-ethereum-real-money-over-fiat/

Dogecoin (DOGE) Price: Climbs Following Elon Musk Comment and Thumzup Integration News

**Dogecoin Price Rises 3% Amid Market Recovery; Elon Musk Sparks Renewed Interest**

Dogecoin (DOGE) price increased by approximately 3% on Wednesday, trading near $0.20 following a recent recovery in the broader cryptocurrency market. The overall crypto market capitalization climbed nearly 2%, reaching $3.81 trillion.

During the 24-hour period, Dogecoin’s price touched a high of $0.208, rising from a low of $0.1956. However, trading volume for DOGE fell by 37%, reaching $3.19 billion.

**Elon Musk’s Comments Boost Trader Sentiment**

The price uptick followed comments from Tesla CEO Elon Musk on social media platform X. Musk responded to a post describing Bitcoin’s energy-based model as resistant to government manipulation. When the Dogecoin community account “Sir Doge of the Coin” noted that Dogecoin also operates on an energy-based system, Musk agreed, sparking renewed trader interest.

Musk has been a long-time supporter of Dogecoin since 2019, often referring to himself as the “DOGE FATHER” and calling Dogecoin “the people’s crypto.” His past endorsements, including a notable appearance on *Saturday Night Live* in 2021, have significantly influenced DOGE price movements.

**Thumzup Media Plans to Integrate Dogecoin Payments**

Digital advertising technology company Thumzup Media announced it will explore adding Dogecoin as a payment option within its rewards app. The company aims to use DOGE to pay users who share promotional content from advertisers, potentially reducing transaction costs and enabling faster cross-border payments.

Thumzup CEO Robert Steele stated, “Exploring Dogecoin integration is an important next step in our journey to create a scalable, low-friction rewards engine.” The rollout will be phased, pending technical testing and regulatory approvals.

As of September 30, Thumzup holds approximately 7.5 million DOGE in its treasury. The company also maintains a crypto portfolio including around 19 Bitcoin (BTC), and recently issued a $2.5 million loan to DogeHash to expand Dogecoin mining operations.

Since launching its crypto treasury in January with a $1 million Bitcoin investment, Thumzup’s board has authorized expansion into other cryptocurrencies such as Litecoin, Solana, Ripple, Ether, and USD Coin.

**Price Analysis and Market Outlook**

Despite the recent daily gains, Dogecoin remains down more than 20% over the past week and approximately 24% over the last 30 days, mirroring a broader market selloff.

Data from CoinGlass indicates that Dogecoin futures open interest increased by 1.5% to around $2 billion. The Relative Strength Index (RSI) stood at 43, suggesting that DOGE is nearing oversold territory.

Analyst Ali Martinez emphasized the importance of maintaining support at $0.16, stating that if this level holds, Dogecoin could potentially reach $0.48. Meanwhile, trader Tardigrade offered a more optimistic view, projecting a possible rally up to $0.90, contingent on maintaining the $0.20 support level.

**Market Reaction**

Following the announcement of integrating Dogecoin payments, Thumzup Media’s stock price declined by 5.3%, closing at $5 per share. At the time of the press release, Dogecoin was trading around $0.20.

*Stay tuned for further updates on Dogecoin and other cryptocurrency developments.*
https://coincentral.com/dogecoin-doge-price-climbs-following-elon-musk-comment-and-thumzup-integration-news/

Shiba Inu Price Prediction: Can SHIB Reclaim $0.00005 While AlphaPepe Becomes the Best Crypto to Buy Now

**Shiba Inu (SHIB) Tests Key Resistance Levels Amid Meme Coin Resurgence**

Shiba Inu (SHIB), one of the world’s most recognized meme coins, is once again testing key resistance levels after months of consolidation. Following a wave of renewed retail activity, analysts are speculating whether SHIB can reclaim the $0.00005 mark and reignite its legendary 2021-style momentum.

However, while SHIB continues its steady recovery, attention is also shifting to a new name in the meme coin space: AlphaPepe (ALPE). With strong presale traction, growing liquidity, and unique tokenomics, AlphaPepe is already being hailed by analysts as the best crypto to buy now for investors chasing the next breakout meme project.

### Shiba Inu’s Path Toward $0.00005

Shiba Inu is currently trading around $0.000028, reflecting a 6% uptick in the last week. After a prolonged period of low volatility, trading volumes on SHIB have started to climb again, signaling that buyers are returning.

**Technical Setup**
– **Support Levels:** $0.000025 remains the critical support zone, tested multiple times over the past month.
– **Resistance Levels:** $0.000032 and $0.000038 are the next major resistance zones before the psychological barrier at $0.00005.
– **Indicators:** On-chain data shows reduced whale sell-offs and modest accumulation among mid-tier wallets, often a precursor to upward momentum.

If SHIB can maintain its position above $0.000030 and Bitcoin remains stable near $120K, analysts predict a possible move toward $0.000045–$0.00005 in the short term.

### Ecosystem Growth

Beyond price movements, Shiba Inu’s developers are pushing forward with **Shibarium**, the project’s Layer-2 scaling solution. The network has already surpassed 10 million transactions, boosting SHIB’s utility and network confidence.

Moreover, Shiba Inu’s burn mechanisms continue to play a crucial role. Over 410 trillion tokens have been removed from circulation since launch, slowly tightening supply and building upward price pressure for the long term.

### Market Sentiment: Meme Coins Return to the Spotlight

With meme coins regaining momentum across social media, sentiment around SHIB has improved significantly. Search trends show Shiba Inu price queries rising sharply since early October.

Analysts say that if retail interest continues to build, meme tokens like SHIB and PEPE could see a Q4 resurgence similar to the one that fueled 2021’s record rallies.

However, the competition has evolved. A new generation of meme coins combining hype with structured tokenomics is beginning to dominate. At the front of that pack sits **AlphaPepe**.

### AlphaPepe: The Best Crypto to Buy Now in 2025

While SHIB has matured into a long-term community token, AlphaPepe represents the explosive side of the meme market.

Priced at just $0.006, the project has already raised over $245,000, gained nearly 2,000 holders, and seen its second USDT liquidity pool surpass $5,000 — signaling steady growth ahead of listing.

**Why AlphaPepe Stands Out**
– **Instant Token Delivery:** Unlike many presales that lock tokens until listing, AlphaPepe gives investors immediate access, building trust.
– **Staking Rewards:** Holders can earn up to 85% APR, encouraging long-term participation instead of quick flips.
– **Audited and Verified:** AlphaPepe has achieved the maximum BlockSafu audit score, giving it a credibility edge in the meme sector.
– **Viral Community:** Thousands of users across X (formerly Twitter) and Telegram are driving engagement with meme campaigns and influencer shoutouts.

AlphaPepe’s success lies in its timing — entering the market just as meme sentiment returns and retail liquidity floods back into smaller-cap projects.

### Price Projections

Analysts forecast AlphaPepe could rally from $0.006 to $0.50–$1 after listings, potentially mirroring early Dogecoin and SHIB gains. If meme coin mania continues into 2026, AlphaPepe could become one of the fastest-growing assets in the sector.

### SHIB vs AlphaPepe: The Meme Coin Spectrum

Shiba Inu now functions as the established, stable side of meme investing — supported by real infrastructure and community governance. AlphaPepe, on the other hand, is the high-volatility growth play with massive near-term upside potential.

For investors, both represent different strategies:
– **SHIB:** Longer-term holders seeking consistency.
– **AlphaPepe:** Those chasing the next explosive meme breakout.

This balance between legacy and innovation defines the current meme coin cycle, where AlphaPepe is emerging as the bridge between both worlds.

### Conclusion

Shiba Inu’s gradual recovery is fueling optimism across the meme market. With Shibarium expanding and whale accumulation resuming, a move toward $0.00005 looks achievable in the coming months.

Yet the real speculative excitement is surrounding AlphaPepe, which has quickly become the best crypto to buy now for investors seeking exponential returns. With its unique tokenomics, audit transparency, and explosive community growth, AlphaPepe is positioning itself as 2025’s breakout meme coin — potentially following in Shiba Inu’s early footsteps, but with even greater speed.

### Useful Links
– Website: [Insert website URL]
– Telegram: [Insert Telegram link]
– X (Twitter): [Insert X link]

### FAQs

**Q1: What is Shiba Inu’s price target for 2025?**
Analysts forecast SHIB could climb toward $0.00005 in the short term, with long-term targets near $0.00008 if Shibarium adoption grows.

**Q2: What makes AlphaPepe the best crypto to buy now?**
Its combination of instant delivery, staking rewards, verified audits, and viral marketing sets it apart from other presales.

**Q3: How much has AlphaPepe raised so far?**
Over $245,000 with nearly 2,000 holders and an expanding liquidity base.

**Q4: Could AlphaPepe deliver 100x returns like SHIB once did?**
Analysts believe it’s possible if meme market liquidity remains strong through 2026.

**Q5: Is it too late to buy SHIB?**
Not yet. SHIB remains a strong long-term community token, but newer projects like AlphaPepe offer higher short-term upside.

*This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.*

**Author**
*Krasimir Rusev* is a journalist with many years of experience covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source for investors, traders, and anyone following the dynamics of the crypto world.
https://coindoo.com/shiba-inu-price-prediction-can-shib-reclaim-0-00005-while-alphapepe-becomes-the-best-crypto-to-buy-now/

FLOKI Token Becomes First BNB Chain Project with ETP Listing in Europe

**FLOKI ETP Now Available in Europe, Offering Regulated Exposure to the Meme Coin**

In a significant milestone for the cryptocurrency sector, FLOKI, the popular meme token, has launched its first-ever exchange-traded product (ETP) in Europe. The product was listed on Sweden’s Spotlight Stock Market in late September 2025, making FLOKI the first BNB Chain token—other than BNB itself—to secure an ETP listing on a European regulated exchange.

The introduction of the FLOKI ETP marks a turning point for meme coins by providing both institutional and retail investors a regulated way to gain exposure to the token. Designed to track the price performance of FLOKI, the ETP enables investors to participate without the need to directly hold or manage the cryptocurrency. This development is considered a key step toward mainstreaming digital assets within traditional finance systems.

### Growing Institutional Appeal for FLOKI

The launch of the FLOKI ETP is part of a broader initiative to bring meme coins into the institutional spotlight. Amid increasing regulatory scrutiny over digital assets, FLOKI’s transition from a purely speculative asset into a regulated financial product highlights growing institutional interest in the meme coin market.

Valour, the digital asset arm of DeFi Technologies, played an instrumental role in launching the product. This ETP joins Valour’s expanding suite of digital asset offerings in Europe, which already includes major cryptocurrencies like IOTA, Optimism, and The Graph. FLOKI’s listing aligns with Valour’s mission to provide investors access to digital assets through familiar financial instruments.

### Timing and Significance of FLOKI’s ETP Launch

FLOKI’s entry into regulated markets coincides with heightened institutional interest not only in meme coins but in the cryptocurrency space as a whole. The meme coin sector has experienced substantial growth throughout 2024, with tokens like Dogecoin increasingly drawing attention from both retail and institutional investors.

The FLOKI ETP signals a new phase for meme coins, promoting legitimacy and wider adoption. Because ongoing regulatory acceptance is critical for the long-term survival of meme tokens, this regulated product offers a fresh pathway for capital inflow into the meme coin ecosystem. This could stimulate further development in sectors such as gaming, education, and digital collectibles.

This move echoes earlier developments by popular tokens like Dogecoin, which have also ventured toward regulated financial products.

### The Rise of Crypto ETPs in Traditional Finance

The approval and launch of FLOKI’s ETP in Europe align with a broader trend embracing cryptocurrency-related financial products in traditional finance markets. For instance, in September 2025, the U.S. Securities and Exchange Commission (SEC) approved Grayscale’s Digital Large Cap Fund (GLDC)—the first multi-asset cryptocurrency ETP in the United States.

The GLDC provides exposure to five of the largest cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, and Cardano, marking a significant development in the adoption of crypto financial products.

Such approvals reflect an evolving view of cryptocurrencies as legitimate asset classes. By enabling exposure to digital assets through familiar investment vehicles like ETPs, these products facilitate broader institutional participation and promote the integration of cryptocurrencies into mainstream finance.

### Looking Ahead

As meme tokens like FLOKI gain traction in regulated markets, the future of cryptocurrency-based financial products appears promising. The FLOKI ETP not only substantiates the growing legitimacy of meme coins but also opens the door to their expanded use and acceptance across global markets.

With increasing adoption, institutional interest, and regulatory approvals, crypto ETPs are set to play a more prominent role in the investment landscape, blending digital innovation with traditional financial structures.
https://coincentral.com/floki-token-becomes-first-bnb-chain-project-with-etp-listing-in-europe/

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