Today’s Insider ⬇️
🏦 Banking License: Trump administration official pushes crypto into US banking system
📈 Nasdaq Listing: XRP crypto treasury firm Evernorth files S-4 for $1 billion SPAC deal
💰 Tokenized Fund: Europe’s largest asset manager Amundi, debuts $100 million tokenized fund on Ethereum, Stellar
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $70,317 | +0.71% | -16.27% |
Ethereum | $2,148 | +0.52% | +9.13% |
Solana | $89 | +0.99% | -29.33% |
XRP | $1.44 | +0.25% | -40.02% |
S&P 500 | $6,506 | -1.51% | +14.90% |
Gold | $4,402 | -2.18% | +51.36% |
1. Trump Administration Opens Banking Licenses to Crypto Firms
Banking license: The Trump administration is inviting crypto firms like Ripple and Crypto.com to apply for national banking charters, removing barriers to accessing Federal Reserve payment rails and streamlining custody and stablecoin operations.
🔎 Insider Insight: This policy shift lowers the biggest institutional hurdles for crypto adoption, enabling faster settlement and reduced costs for crypto firms. However, traditional banks see this as a threat to their market share, potentially triggering regulatory pushback.
Top Crypto Insider Pick of 2026
BlockchainFXIs Transforming Global Trading Through DeFi Innovation
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $13 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.031, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Evernorth Files for $1B SPAC Merger to List XRP Proxy on Nasdaq Under XRPN
Nasdaq listing: Evernorth has filed an S-4 with the SEC for a $1 billion SPAC merger, aiming to list on Nasdaq under the ticker XRPN, with plans to hold at least 473 million XRP and actively generate yield through the XRP ecosystem.
🔎 Insider Insight: By creating a publicly traded proxy for XRP, Evernorth opens new liquidity channels for institutional investors unable to hold crypto directly. However, regulatory delays could stall the $1.1 billion capital deployment, posing a risk to its aggressive accumulation strategy.
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3. Amundi Launches Tokenized Fund on Ethereum and Stellar
Tokenized fund: Amundi, Europe’s largest asset manager, has launched a $100 million tokenized fund, SAFO, on Ethereum and Stellar, enabling real-time transparency, near-instant settlement, and 24/7 cross-chain transferability.
🔎 Insider Insight: Amundi’s move underscores the growing institutional adoption of blockchain-based tokenized assets, now a $52 billion market. By leveraging Ethereum and Stellar, the fund offers professional investors faster, more transparent cash management solutions, signaling a shift towards blockchain-driven finance.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
