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BitMart appoints Alvarez & Marsal to review finances amid trading halt and withdrawal issues
BitMart has appointed Alvarez & Marsal as its financial adviser to assess its financial position, stakeholder claims, and withdrawal arrangements following a trading halt announced on August 26. The exchange is reviewing possible paths including an o...
Four U.S. spot XRP ETFs are now used as collateral in nearly $4B repo deals by Schwab money fund.
Shares of four U.S. spot XRP ETFs from Grayscale, Canary, Franklin, and Bitwise are being pledged as collateral in repurchase agreements worth nearly $4 billion by a Charles Schwab money market fund. This marks a significant increase in XRP ETF colla...
XRP ETFs gain $2M inflows and appear as $11.39M collateral in Schwab repo deals, signaling growing US market role.
XRP exchange-traded funds (ETFs) showed increased institutional use and investor interest on Sept. 8, with $11.39 million in XRP ETF shares reported as collateral in Charles Schwab's repo agreements involving JPMorgan and BofA Securities. Separately,...
