The post JPMorgan Arranges Solana Debt-Deal for Galaxy Digital with Coinbase and Franklin Templeton As Investors appeared first on Coinpedia Fintech News JPMorganThe post JPMorgan Arranges Solana Debt-Deal for Galaxy Digital with Coinbase and Franklin Templeton As Investors appeared first on Coinpedia Fintech News JPMorgan

JPMorgan Arranges Solana Debt-Deal for Galaxy Digital with Coinbase and Franklin Templeton As Investors

2025/12/12 05:02
JPMorgan Launches Deposit Token ‘JPM Coin’ on Coinbase’s Base Blockchain

The post JPMorgan Arranges Solana Debt-Deal for Galaxy Digital with Coinbase and Franklin Templeton As Investors appeared first on Coinpedia Fintech News

JPMorgan has accelerated its tokenization bid for real-world assets (RWA) through the Solana (SOL) blockchain. The behemoth bank announced on Thursday that it successfully facilitated a debt issuance for Galaxy Digital Holdings on Solana.

According to the announcement, JPMorgan arranged the first U.S. Commercial Paper (USCP) issuance for Galaxy Digital. The debt issuance was settled through Circle’s USDC by Coinbase Global Inc. and Franklin Templeton.

“Today’s transaction is an important step toward understanding the role blockchain will play in the future of financial markets. This trade demonstrates institutional appetite for digital assets and our capability to securely bring new instruments on-chain using Solana,” Scott Lucas, Head of Markets Digital Assets, JPMorgan, said.

JPMorgan Accelerates Crypto Adoption Via Solana and Coinbase

In the past year, JPMorgan has accelerated its adoption of digital assets and blockchain technology, fueled by the clear crypto regulations under President Donald Trump. The bank launched a token dubbed JPM Coin (JPMD) on the Coinbase-backed Base chain last month.

The bank’s issuance of a USCP on the Solana network will heavily influence its institutional confidence. Furthermore, Solana needs more institutional investors seeking to explore tokenization of real-world assets (RWA) to build their products on its infrastructure.

“This issuance marks a major step in bringing the security and efficiency of public blockchains to institutional finance. Solana’s architecture makes it possible for firms like JPMorgan to arrange financial transactions with the trust and performance the market has always needed,” Nick Ducoff, Head of Institutional Growth, Solana Foundation, noted.
Ultimately, the rising adoption of Solana by traditional financial markets will catalyze its midterm growth, especially amid the ongoing macro crypto bull market.

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Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
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Coinstats2025/09/17 23:42