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XRP Crypto Treasury Firm Evernorth Files S-4 for $1 Billion SPAC Deal

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XRP crypto just got its own treasury company heading to Wall Street.

Evernorth filed its Form S-4 with the SEC on Wednesday, formalizing a merger with SPAC Armada Acquisition Corp. II. The deal is expected to generate over $1 billion in gross proceeds.

The merged entity, Evernorth Holdings Inc., projects holding at least 473 million XRP at launch. Funded through Ripple contributions and open-market purchases using merger proceeds.

Key Takeaways
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  • Deal Structure: Merger with Armada Acquisition Corp. II targeting a Nasdaq listing under tickers XRPN and XRPNW.
  • Treasury Assets: Combined entity expects to hold a minimum of 473 million XRP plus additional open-market acquisitions.
  • Strategic Backing: Capital commitments involve major industry players including Ripple, SBI, and Pantera Capital.

Evernorth Deal Mechanics: Beyond Passive Holding

Evernorth is not just buying and hoarding XRP like MicroStrategy does with Bitcoin. The plan involves active yield generation through lending markets, liquidity provisioning, and validator operations on the XRP Ledger. They are also integrating Ripple’s RLUSD stablecoin directly into the strategy.

The SPAC conversion is straightforward. Armada Acquisition Corp. II becomes Evernorth Holdings and lists on Nasdaq under the ticker XRPN. SBI and Kraken are among the institutional investors already lined up. Davis Polk is handling legal, making sure the structure survives regulatory scrutiny.

The mandate is clear. Build a balance sheet that acts as a direct proxy for the XRP ecosystem. Use the $1.1 billion financing to dominate the asset’s float.

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The timing fits a broader pattern. RedotPay is targeting a $150 million pre-IPO raise for a US listing. Crypto firms are racing to access public capital markets while the window is open.

What It Means for XRP Crypto: The Institutional Premium

XRPN opens a door that did not exist before. Equity-only funds that cannot hold crypto directly can now get XRP exposure through a Nasdaq-listed stock. That is a significant new liquidity valve for institutional capital sitting on the sidelines.

Goldman Sachs already has a reported $154 million position in related crypto instruments. Evernorth locking hundreds of millions of XRP into a corporate balance sheet alongside that kind of institutional interest could meaningfully reduce volatility in the spot market.

The bull case is reflexive. XRPN trades at a premium to NAV, the firm issues more shares, buys more XRP, drives spot prices higher, repeat. CEO Asheesh Birla has been explicit about the goal. Grow XRP per share. That signals aggressive accumulation is the core strategy.

The bear case is regulatory timing. SPACs face intense disclosure requirements and the SEC review process can drag. If the merger close gets delayed, the entire $1.1 billion capital deployment sits frozen. The environment has improved significantly under Paul Atkins but the risk is real.

The infrastructure is built. The vehicle exists. Now the market decides whether it wants to pay a premium for access.

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XRP Price Prediction in March 2026: Ripple Targets Latin America, HYPE Could Break Out, but Is DeepSnitch AI a Sleeping Giant Ready to Rise?

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XRP Price Prediction in March 2026: Ripple Targets Latin America, HYPE Could Break Out, but Is DeepSnitch AI a Sleeping Giant Ready to Rise?

Ripple just announced a major expansion move. It may be one of the more credible fundamental catalysts XRP has seen in a while. Ripple is expanding its services in Brazil by offering integrated services that include payments, custody, stablecoins, trading, and treasury solutions.

The company is targeting banks, fintech firms, and crypto exchanges, allowing them to manage the entire lifecycle of digital assets within a single ecosystem. It’s looking like a strong business story for Ripple, but there’s a timing problem. The XRP price prediction for 2026 is interesting, but it requires patience that most investors don’t have.

DeepSnitch AI’s presale is closing on March 31st, and it potentially offers more asymmetric growth, especially in the short term.

Ripple eyes Latin America

With Ripple’s expansion into Brazil, the company is targeting institutions, and several have already signed up, including Banco Genial, Brasa Bank, and Nomad.

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Ripple is also pushing its own stablecoin, RLUSD, into the region. The stablecoin has now crossed $1.5 billion in market cap and is available on several exchanges in Brazil. To stay compliant, Ripple plans to apply for a VASP license with the Central Bank of Brazil.

It’s a good step forward for Ripple, but for investors watching the XRP price, the fundamentals may be improving, but this doesn’t necessarily translate into short-term price action.

Is DeepSnitch AI the best crypto presale before March 31?

While Ripple builds institutional infrastructure across Latin America, DeepSnitch AI is giving retail investors the tools to navigate the crypto market right now.

The platform has five AI agents that run continuously, tracking whale activity, screening tokens for any red flags, and sending instant alerts to your phone. In Telegram, SnitchGPT is ready to answer any token-related question in plain language, even if you’re not very technical.

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The DSNT token is in Stage 7 of 15, trading at $0.04487. That means it’s up an impressive 197% from the starting price of $0.01510, with over $2.2 million raised so far. After March 31st, there’s a seven-day claiming period, giving investors time to secure their tokens and switch on staking rewards. There’s already a confirmed Uniswap listing. And from there, further CEX and DEX listings are on the horizon.

All VIP bonus codes are still active. This means you’ll get an extra 30–300% tokens, depending on the size of your purchase.  A $10,000 position at the current price would yield over 222,000 tokens (before bonuses).

 

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XRP price prediction: A strong story with a long road ahead

Any credible XRP price prediction for 2026 has to account for both Ripple’s business momentum and the broader macro environment. XRP was trading around $1.53 on 18 March, down roughly 20% since January.

Even though the Latin America expansion is good news, it’s the kind of news that takes time to translate into price. Institutional infrastructure rollouts don’t pump tokens overnight. And historically, XRP has tracked Bitcoin’s price closely, which means the broader macro environment matters as much as Ripple’s business wins.

Most of the XRP forecasts for 2026 are between $1.60 and $8.60. LiteFinance analysts project a range of $1.60 to $6.41 by year-end 2026, depending heavily on macro conditions and BTC performance. More optimistic models, like analyst Celal Kucuker’s chart-based target of $8.60, probably need more time to play out if his thesis proves correct.

The current XRP market outlook is constructive, but it’s likely not going to be a breakout story. Brazil is a meaningful expansion, and Latin America is a high-growth region for digital payments.

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Brazil’s rapidly developing digital economy and widespread adoption of instant payment systems such as Pix have made the country an attractive destination for blockchain companies, and Ripple sees it as a gateway to the broader Latin American region. That’s a strong foundation, but not necessarily a near-term price catalyst.

Cardano price prediction: Good long-term story, short-term ceiling is visible

Cardano is a credible long-term Layer-1 with decent fundamentals. It has a research-driven development process, growing DeFi activity, and real-world adoption in emerging markets. ADA’s 2026 roadmap emphasizes DeFi, stablecoins, and real-world assets, backed by significant treasury funding.

ADA was trading around $0.28 as of 18th March. The conservative base case for ADA in 2026 ranges from $0.27 to $0.80, while bullish projections target the psychological $1.20 level if key upgrades succeed. Many of these price predictions would require a shift in the broader market environment that nobody can time with precision.

Despite the bullish projections, near-term price action depends on a broader market recovery that has not materialized yet. Even optimistic projections on ADA would yield a 4X return by year-end. That’s the structural ceiling that comes with investing in a large-cap token that’s already reached the mainstream investment pools.

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Presale pricing beats waiting for the market to cooperate

The XRP price prediction for 2026 is compelling, and Brazil is a real expansion. Hyperliquid has genuinely strong fundamentals, and Cardano has a credible long-term roadmap. All three are reasonable positions for investors who want established token exposure and are willing to wait.

But none of them can offer what a limited-time crypto presale can offer. DeepSnitch AI’s presale offers ground-floor pricing before the public market has access, with a confirmed listing date and a working product already being used.

DeepSnitch AI’s presale closes March 31. Visit the official DeepSnitch AI presale for more information.

Frequently asked questions

What is the XRP price prediction for 2026?

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The XRP price prediction for 2026 ranges from around $0.80 on the conservative end to $1.20 in a bullish scenario. More bullish targets depend largely on macro conditions playing their part between now and December 2026.

Does Ripple’s Latin America expansion affect the XRP forecast for 2026?

It’s a positive fundamental development, but the XRP market outlook still depends heavily on Bitcoin’s price and broader market sentiment. Institutional infrastructure rollouts typically take time to show up in price.

Why is DeepSnitch AI considered one of the best crypto presale options right now?

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It combines a live, working product with presale pricing at $0.04487, a confirmed March 31 Uniswap launch, and over $2.1 million raised. Plus, all VIP bonus codes are still active. It is the kind of setup that makes it one of the best new token presale projects right now.


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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LayerZero, Centrifuge Team Up to Expand Multichain Access for Tokenized Funds

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LayerZero, Centrifuge Team Up to Expand Multichain Access for Tokenized Funds

Centrifuge’s largest tokenized fund, JTRSY, is among the first of its products to adopt LayerZero.

LayerZero and Centrifuge are partnering to integrate Centrifuge’s institutional tokenization infrastructure into the interoperability protocol’s ecosystem, according to a press release shared exclusively with The Defiant. The companies said that the deal aims to make access and distribution of tokenized real world asset (RWA) products broader with multichain reach from launch.

The partnership addresses the issue of blockchain fragmentation for institutional tokenization. Via LayerZero’s OApp standard, issuers can extend products across over 165 blockchain networks, while retaining a unified supply, according to the release.

The first Centrifuge products to adopt LayerZero includes three of its tokenized funds, JTRSY — its largest by total value, with nearly $861 million in tokenized U.S. Treasuries —  as well as JAAA, and SPXA, which launched in September as the first licensed tokenized S&P 500 index fund.

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The three tokenized funds will expand across Ethereum, Solana, Avalanche, BNB Chain, Base, Optimism, and HyperEVM, per the release. Data from RWAxyz shows that JTRSY is currently mostly on Ethereum, while SPXA is exclusively on Coinbase’s Base.

The partnership also sets the stage for Centrifuge assets to be deployed on Zero, LayerZero’s recently launched Layer 1 blockchain, backed by Citadel Securities, The Depository Trust & Clearing Corporation, Intercontinental Exchange, and Google Cloud, and designed as core infrastructure for financial markets.

Bryan Pellegrino, CEO of LayerZero Labs, told The Defiant:

“We want partners building on LayerZero to extend into Zero, and Centrifuge, with its institutional client base and tokenization suite, is exactly the kind of asset we’re designing the network for.”

For its part, Centrifuge said that it sees deploying on LayerZero’s Zero as a plan for the future, when the L1 has a more established user base and liquidity.

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“As part of our broader multichain distribution strategy, we see Zero as an important ecosystem over time,” Anil Sood, chief strategy and growth officer at Centrifuge Labs, told The Defiant, continuing:

“Our objective is to make key products such as JTRSY, JAAA, and SPXA accessible across the networks where liquidity, users, and onchain utility are forming.”

LayerZero Labs’ told The Defiant that the interoperability protocol currently has over $90 billion in assets secured, and more than 700 projects building in its ecosystem, though The Defiant was unable to independently verify this data. As of last May, the company said it handles over 70% of all cross-chain messaging traffic in web3.

Bhaji Illuminati, CEO of Centrifuge Labs said in a statement, “For institutions, tokenization becomes strategic when products are built to move beyond a single venue or chain and enter markets with real distribution from day one.”

Centrifuge, whose CFG token rallied 60% this week on a Binance listing announcement, currently has a total of $1.33 billion in distributed asset value across its tokenized RWA products, per RWAxyz.

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Today’s move comes as tokenized RWAs on chain reached $18.4 billion at end of 2025, with RWA holders growing from 84,000 to 564,000 over the course of the year, per a report from Centrifuge — a trend The Defiant documented in depth as RWAs became Wall Street’s gateway to crypto last year.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

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Hold onto “dry powder” while prices swing, says one analyst

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Hold onto "dry powder" while prices swing, says one analyst

Bitcoin drifted toward $69,000 on Thursday as the deepening conflict in Iran is spiraling across the Middle East, hitting energy infrastructure and spilling into global markets.

Oil remained at the center of the action, as investors pulled back from risk amid fresh headlines around attacks on energy infrastructure. Prices swung back toward $100 a barrel after a Politico report said the U.S. is not considering a crude export ban, reversing earlier declines and keeping inflation worries alive.

That backdrop weighed on traditional markets, especially as investors began to consider that central banks might delay rate cuts or even mull rate hikes, wary of inflationary pressures from an energy shock and supply disruptions. The S&P 500 and Nasdaq slid nearly 1% in morning trading, both hitting fresh 2026 lows.

The more notable move, though, came from metals. Gold dropped 5% to around $4,500 an ounce, its lowest since early February, while silver fell 6.6%, extending a sharp unwind after weeks of outsized gains.

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Crypto, by comparison, looked relatively steady. Bitcoin was last trading around $69,400, down about 2.6% on the day. Most major tokens, including ether (ETH), XRP (XRP), BNB and solana (SOL), were all down, but losses stayed under 3%, and the broader CoinDesk 20 Index was off about 2.1%.

Crypto-linked stocks also moved lower, though not to the same extent seen elsewhere. Crypto exchange Coinbase (COIN) slipped 1.7%, bitcoin treasury firm Strategy (MSTR) fell 2.6%, while stablecoin issuer Circle (CRCL) pulled back 6%, giving up some ground after more than doubling over the past three weeks.

Bitcoin holds ground in risk-off move

The simultaneous drop in both gold and bitcoin points to broad de-risking rather than a rotation into safe havens, said Alvin Kan, COO of Bitget Wallet. Rising energy prices are feeding into inflation expectations, reinforcing a “higher-for-longer” interest rate outlook and tightening liquidity — a difficult mix for risk assets, he added.

Still, bitcoin has outperformed gold by around 20% during the initial phase of the Iran conflict, noted Bryan Tan, trader at Wintermute, an unusual dynamic for an asset typically treated as a riskier tech name. But the lack of follow-through above $75,000 suggests markets remain cautious and rangebound.

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“When sentiment swings on each headline about the conflict, and correlation to oil prices are so elevated, being flat is a strong position,” he said.

“We lean towards reserving dry powder until we see a meaningful confirmation in either direction or a material change in market conditions,” Tan added.

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Home of crypto gems: Discover early crypto opportunities

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Home of crypto gems: Discover early crypto opportunities - 2

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Crypto investors shift focus beyond majors, seeking early-stage gems across emerging blockchain ecosystems.

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Summary

  • Investors in 2026 are shifting focus to early-stage “crypto gems,” seeking high-growth tokens before mainstream adoption.
  • Home of crypto gems platforms help users discover low-cap tokens early through listings, launchpads, and communities.
  • Finding crypto gems requires strong research, on-chain analysis, and risk management due to high volatility.

Home of crypto gems: Discover early crypto opportunities - 2

The crypto market has evolved far beyond Bitcoin and Ethereum. In 2026, investors are no longer just chasing established assets—they are actively searching for the next breakout opportunity. This is where the concept of a home of crypto gems becomes essential. It refers to platforms and ecosystems where early-stage, high-potential tokens are discovered before they reach mainstream attention.

In this guide, we’ll explore what defines a true home of crypto gems, how to find hidden opportunities, and the best strategies to identify high-growth projects before the market catches on.

Key Takeaways

  • A home of crypto gems is a platform or ecosystem where early-stage tokens with high growth potential are discovered.
  • Crypto gems typically offer higher returns but come with increased risks and volatility.
  • Early access through listings, launchpads, and communities is key to success.
  • Fundamental analysis and on-chain data help separate real gems from hype projects.
  • Risk management is critical when investing in low-cap cryptocurrencies.
  • Exchanges with diverse listings and strong discovery tools play a major role in finding crypto gems.

What does “home of crypto gems” really mean?

The term home of crypto gems has become increasingly popular among crypto investors, but its meaning goes beyond marketing language.

At its core, it represents a hub for early discovery — a place where promising projects emerge before reaching mass adoption.

Key Characteristics

A true home of crypto gems typically offers:

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  • Early listings of new tokens
  • Access to low market cap assets
  • Strong community engagement
  • Transparent project information
  • Advanced trading tools

Unlike traditional exchanges that focus only on top-tier assets, these platforms prioritize innovation and diversity.

Why crypto gems attract investors

Crypto gems are appealing because they offer something rare in traditional finance: asymmetric upside.

High growth potential

Many well-known cryptocurrencies started as small-cap projects:

  • Early investors in Ethereum saw exponential returns
  • Meme coins and niche tokens have delivered unexpected gains

Finding these opportunities early is what defines success in a home of crypto gems ecosystem.

Lower entry barriers

Compared to large-cap assets:

  • Entry prices are often low
  • Smaller investments can yield meaningful exposure
  • Retail investors can compete with institutions

Innovation-driven value

Crypto gems often represent:

  • New blockchain technologies
  • Emerging sectors (AI, DeFi, GameFi, DePIN)
  • Experimental tokenomics models

This innovation attracts both developers and investors.

How to identify real crypto gems

Not every low-cap token is a gem. In fact, many are short-lived or purely speculative. Identifying quality projects requires a structured approach.

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  1. Strong fundamentals

Look for:

  • Clear use case
  • Real-world utility
  • Sustainable tokenomics
  • Active development team
  1. Team and backing

A credible team increases trust:

  • Public founders or reputable developers
  • Strong venture capital backing
  • Strategic partnerships
  1. Community growth

Community is a powerful signal:

  • Active social media presence
  • Organic engagement (not bots)
  • Developer and user participation
  1. On-chain Metrics

Data-driven insights include:

  • Wallet distribution
  • Transaction volume
  • Liquidity depth

A genuine home of crypto gems provides access to this kind of data for better decision-making.

Where to find the best crypto gems

Finding crypto gems requires access to the right platforms and tools.

Centralized Exchanges (CEXs)

Top exchanges often act as the first gateway:

  • Early token listings
  • High liquidity
  • User-friendly interfaces

Some platforms are known as a home of crypto gems due to their ability to list promising projects early.

Launchpads and token sales

Launchpads offer early-stage access:

  • Initial Exchange Offerings (IEOs)
  • Token Generation Events (TGEs)

Benefits include:

  • Lower entry prices
  • Early investor advantages

Decentralized Exchanges (DEXs)

DEXs provide even earlier access:

  • Tokens listed before centralized exchanges
  • Higher risk but higher reward

However, due diligence is essential due to the lack of regulation.

Crypto communities

Information spreads fast in crypto:

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  • Twitter (X)
  • Discord groups
  • Telegram channels

Being active in communities can help someone discover trends before they go mainstream.

Strategies to maximize gains from crypto gems

Simply finding a crypto gem is not enough — there is a need for a strategy to capitalize on it.

Diversification

Avoid putting all funds into one project:

  • Spread investments across multiple gems
  • Balance risk and reward

Entry timing

Timing is crucial:

  • Early entry = higher upside
  • Avoid buying after hype peaks

Profit-taking strategy

Many investors fail by not taking profits:

  • Set price targets
  • Use partial exits
  • Avoid emotional decisions

Long-term vs Short-term

Some gems are:

  • Short-term hype plays
  • Long-term infrastructure projects

Understanding the difference helps optimize your approach.

Risks of investing in crypto gems

While the rewards can be significant, the risks are equally high.

High volatility

Prices can swing dramatically:

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  • Rapid gains
  • Sudden crashes

Low liquidity

Some tokens have:

  • Limited trading volume
  • Difficulty exiting positions

Scams and rug pulls

Not all projects are legitimate:

  • Fake teams
  • Unsustainable models

This is why choosing a trusted home of crypto gems is critical.

Regulatory uncertainty

Crypto regulations vary globally:

  • Sudden policy changes
  • Listing restrictions

Investors must stay informed.

The role of exchanges as a home of crypto gems

Exchanges play a central role in the crypto ecosystem.

A strong platform acts as a curation layer, helping users discover quality projects while filtering out low-quality ones.

What makes an exchange stand out?

  • Early access to trending tokens
  • Transparent listing criteria
  • Strong security infrastructure
  • Low trading fees
  • Global accessibility

Such platforms become the go-to home of crypto gems for both beginners and experienced traders.

Conclusion

In today’s fast-moving crypto landscape, finding the next big opportunity requires more than luck — it requires access, strategy, and the right platform. A true home of crypto gems provides early exposure to high-potential projects, empowering investors to identify and act on opportunities before they reach the mainstream.

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By combining fundamental analysis, smart risk management, and the use of reliable exchanges, investors can significantly improve their chances of success. While risks remain, those who approach the market with discipline and knowledge are best positioned to uncover the hidden gems that define the future of crypto.

FAQs

What is a home of crypto gems? 

A home of crypto gems is a platform or ecosystem where investors can discover early-stage cryptocurrencies with high growth potential before they become widely known.

How can I find the cheapest way to invest in crypto gems? 

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Use low-fee exchanges, trade on spot markets, and avoid high spreads. Combining these strategies helps you reduce costs while accessing early-stage tokens.

Are crypto gems safe investments? 

Crypto gems are high-risk investments. While they offer strong upside potential, they can also experience volatility, low liquidity, or project failure.

Where can beginners find crypto gems? 

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Beginners can explore centralized exchanges, launchpads, and crypto communities. Platforms known as a home of crypto gems are the best starting point.

How much should I invest in crypto gems? 

Only invest what you can afford to lose. Diversifying across multiple projects is a safer approach when exploring crypto gems.

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Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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Cardano Hard Fork Upgrade Nears With Node 10.7.0 Release

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • Cardano expects the Node 10.7.0 Target prerelease within days as part of Protocol 11 preparations.
  • Node 10.7.0 serves as one of the required releases for the van Rossem hard fork.
  • Developers will integrate the new node into ecosystem tools and conduct performance testing.
  • Version 10.7.x will transition to version 11 to fork the Preview and PreProd testnets.
  • The Protocol 11 upgrade introduces new Plutus built-ins, including CIP-138 and CIP-153.

Cardano advances preparations for its intra-era upgrade to Protocol 11, known as the van Rossem hard fork. Intersect confirmed that Cardano Node 10.7.0 Target prerelease should arrive within days. The release sets the stage for ecosystem integration and testing before the network moves toward testnet and mainnet upgrades.

Cardano Hard Fork Moves Closer With Node 10.7.0

Intersect reported that Cardano Node 10.7.0 Target prerelease is expected within days. The organization operates as a member-based body within the Cardano ecosystem. It outlined the release timeline in a recent technical update.

Cardano Node 10.7.0 stands as one of two required releases for the van Rossem hard fork. Earlier, developers deployed Node 10.6.2 in February to begin preparations. Now, the upcoming version introduces new features beyond hard fork functionality.

The ecosystem will integrate Node 10.7.0 into tooling once developers publish the release. Teams will conduct integration testing and performance checks across services. Dependent on results, developers may issue further minor updates.

Intersect stated, “Cardano Node 10.7.0 Target prerelease is expected within a few days.” The group added that prerelease 10.7.0 supports feature testing. Version 10.7.x will later transition to version 11 for testnet forks.

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Developers will promote version 11 to fork the Preview and PreProd testnets. After testnet validation, they will prepare for the mainnet fork. The upgrade process follows established Cardano governance procedures.

Protocol 11 Introduces New Plutus Built-Ins

The Cardano hard fork to Protocol 11 will introduce new Plutus built-ins. These include CIP-138 for Array type support. They also include CIP-153 for the MaryEraValue type.

Developers will add CIP-109 for modular exponentiation functionality. They will also implement the CIP-132 drop list built in. In parallel, CIP-133 enables multi-scalar multiplication over BLS12-381.

Intersect confirmed that SanchoNet already runs Protocol version 11. Therefore, developers can test the new built-ins on that network. Scalus updated its smart contract tooling to support these features.

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The upgrade does not change the transaction shape. As a result, teams expect limited disruption to existing integrations. Hardware wallets should face no serialization issues under this release.

DBSync compatible with Node 10.7.0 will follow soon after the release. Intersect stated that no serialization changes are included. The upgrade focuses on performance improvements and cleaner ledger rules.

The van Rossem hard fork operates as a small intra-era upgrade. It enhances Plutus performance and introduces new cryptographic capabilities. Existing smart contracts will continue operating without breaking changes.

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BTQ deploys first working BIP 360 implementation on Bitcoin Quantum Testnet

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CoinShares says quantum threat to Bitcoin is real but still years away

Summary

  • BTQ’s Bitcoin Quantum Testnet v0.3.0 now supports BIP 360’s Pay-to-Merkle-Root (P2MR) outputs, which remove Taproot’s key path spending and force all UTXOs through hash-based script paths to reduce long-exposure quantum risk.
  • The testnet validates the full P2MR lifecycle — from address creation and funding to signing, mempool acceptance and confirmation — while preserving compatibility with Lightning, BitVM, Ark, multisig and timelocks.
  • BTQ’s release, with one-minute blocks, restored SegWit discount and Dilithium-focused sigop hardening, tackles today’s “harvest-now, decrypt-later” public key exposure but leaves short-exposure quantum attacks to future signature-level upgrades.

BTQ Technologies Corp. announced Thursday the completion of the first functional implementation of Bitcoin Improvement Proposal 360 (BIP 360) on its Bitcoin Quantum Testnet v0.3.0 — marking the first time a quantum-resistant transaction format derived from a formal Bitcoin improvement proposal has been activated in a practical, live testing environment. The announcement, released via PR Newswire, moves BIP 360 from a draft concept into what BTQ describes as “usable, testable infrastructure” available to developers, miners, and researchers today.

BIP 360, co-authored by Hunter Beast, Ethan Heilman, and Isabel Foxen Duke, proposes a new Bitcoin output type called Pay-to-Merkle-Root (P2MR) — a direct response to one of Bitcoin’s most discussed long-term vulnerabilities: the exposure of elliptic curve public keys to quantum computing attacks. Under current Bitcoin architecture, certain transaction types — particularly P2PK outputs and Taproot (P2TR) addresses — leave public keys exposed on-chain, where a sufficiently powerful quantum computer running Shor’s algorithm could theoretically derive the corresponding private keys and drain the associated funds. An estimated 6.26 million BTC, representing roughly $440 billion at recent prices, sits in quantum-vulnerable address types.

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P2MR operates with nearly identical functionality to Bitcoin’s existing Taproot output type but with one critical modification: it removes the key path spending mechanism introduced by Taproot, which allows a transaction to be authorised by a single public key signature. Under P2MR, all UTXOs must be spent exclusively through script paths — Tapscript Merkle trees — which rely on hash-based commitments rather than elliptic curve public keys. Since hash functions are considered substantially more resistant to quantum attacks than elliptic curve cryptography, this eliminates a major surface area for long-exposure quantum attacks.

Crucially, P2MR retains full compatibility with Bitcoin’s existing smart contract capabilities, including multi-signature arrangements, timelocks, and complex custody structures. BIP 360’s authors have also confirmed compatibility with the Lightning Network, BitVM, and Ark — the key Bitcoin scaling and programmability frameworks that depend on Taproot architecture — making the upgrade additive rather than disruptive to the ecosystem.

BTQ’s v0.3.0 testnet release validates BIP 360 across the full transaction lifecycle: address creation, funding, transaction construction, signing, mempool acceptance, broadcast, and confirmation. Additional enhancements include optimised one-minute block spacing for faster iteration, a restored SegWit discount — critical given that post-quantum signature schemes using NIST-standardised ML-DSA (Dilithium) cryptography produce substantially larger transactions than standard Bitcoin signatures — and Dilithium signature hardening through improved sigop counting and tapscript security fixes. The testnet currently connects over 50 miners and has processed more than 100,000 blocks.

It is important to note the boundaries of what BIP 360 achieves. The proposal addresses long-exposure quantum vulnerability — the risk that an attacker harvests today’s public keys for decryption once quantum hardware matures — but does not yet protect against short-exposure attacks, where a quantum computer would need to break a signature within the time a transaction is unconfirmed. Full post-quantum security for Bitcoin will require additional proposals covering signature schemes. BIP 360 is, by its authors’ own description, a necessary first step rather than a complete solution — but Thursday’s deployment demonstrates that the infrastructure for that transition is no longer purely theoretical.

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‘AI agents will take jobs’ as crypto leads next wave of automated trading, exec says

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‘AI agents will take jobs’ as crypto leads next wave of automated trading, exec says

As AI agents become a bigger topic in crypto, Pranav Ramesh told CoinDesk that Nasdaq has already been using them across several sections of its business and has sharply expanded that use over roughly the past 18 months.

Ramesh, head of options research at Nasdaq and co-founder and CTO of Leadpoet, said the most meaningful shift has been in trust. “AI agents are relatively new, probably being used more and more over the last six months,” he said, arguing that earlier systems hallucinated too often for sensitive enterprise workflows.

He said Nasdaq is using AI agents in areas including market surveillance, compliance, and market microstructure analysis, and pointed to Nasdaq Verafin’s “Agentic AI Workforce,” which Nasdaq says automates “low-value, high-volume compliance processes” in anti-money laundering work.

Ramesh also pointed to Nasdaq’s AI-powered order type. Nasdaq announced in 2023 that its Dynamic M-ELO order type had become the first exchange AI-powered order type approved by the SEC, using an AI model with more than 140 factors to adjust to real-time market conditions.

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For Ramesh, that experience informs how he sees crypto. He said crypto trading platforms are likely to move aggressively on AI agents for both internal operations and retail-facing tools, including position analysis, trade suggestions and execution support. “The crypto trading world is actually going to lead the charge on how AI is used within the retail trading environment,” he said.

He did not describe that shift as fully autonomous. Instead, he said the model he sees taking hold is one in which agents handle most of the analysis and workflow while humans retain final approval. In the interview, he said that at Nasdaq, many systems still stop short of full automation, with human review remaining in the last step.

AI and AI Agents will replace a lot of human labor

Ramesh’s views are also unusually blunt on labor. “Yes, it will take a lot of jobs,” he said of AI agents, adding that he believes lower-level software, customer service and analyst roles are already being displaced as systems become faster, cheaper and more reliable. He framed that as an observable trend rather than a prediction.

And he seems to be right as companies, including the most recent being Crypto.com, which laid off 12% of its staff in a push for greater automation and efficiency through AI. Earlier, crypto research firm Messari parted ways with several of its staff and its chief executive as the company transitioned into what the new CEO called an “AI-first company.” Last month, Block, the payments company founded by Jack Dorsey, announced plans to slash 40% of employees, over 4,000 people, citing improved AI models.

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The AI trend lead to founding Leadpoet

That thesis also shaped his path into Leadpoet, the startup he co-founded with Gavin Zaentz. According to a February 2026 company fact sheet, the two met at Nasdaq and founded the company after repeatedly encountering the same problem: outbound tools could generate static lists, but identifying real buying intent still required manual research.

Leadpoet describes itself as an AI-powered lead qualification platform that turns web signals and company context into “decision-ready lead recommendations,” emphasizing “precision over volume.” The company says it supports private deployments so customers can score intent and generate outreach on their own data without exposing it to a vendor.

The fact sheet says Leadpoet uses Bittensor, which describes itself as a decentralized, blockchain-powered AI network that allows participants to contribute models and compute while earning rewards. Ramesh said that a decentralized, competitive structure is part of the appeal, because it can improve models faster than a centralized roadmap.

Leadpoet also says it is a member of NVIDIA Inception, NVIDIA’s startup program for AI companies. NVIDIA describes Inception as a free program that offers technical resources, go-to-market support and access to its broader ecosystem.

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In the company’s February 2026 fact sheet, Leadpoet says it reached a $1 million annualized run rate in its first quarter after launch and received backing from DSV Fund and Astrid. In that same material, DSV Fund CIO Siam Kidd said Ramesh and Zaentz combine “deep AI engineering expertise with a real understanding of day-to-day sales.”

Ramesh tied the company directly to what he says he saw inside large institutions adopting AI: agents moving from assistants to systems that can handle real operational work. In crypto, he said, that shift is likely to become visible faster than in many other corners of finance.

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Opera Proposes CELO Token Deal, Replacing Cash Payments With Crypto Stake

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Opera Proposes CELO Token Deal, Replacing Cash Payments With Crypto Stake

Opera, a Nasdaq-listed web browser company, is proposing to change how it is compensated by the Celo ecosystem, opting to receive native tokens instead of cash as it deepens its involvement with the network.

The company said Thursday it has proposed restructuring its commercial agreement, moving from US dollar-denominated quarterly payments to an allocation of 160 million CELO (CELO) tokens, subject to approval by Celo’s onchain governance community.

If approved, the shift would more directly align Opera’s financial incentives with the network’s performance and make it one of the largest institutional holders of CELO.

Celo is an Ethereum-aligned protocol focused on mobile-first payments, particularly for stablecoin transfers in emerging markets. Last year, it transitioned from a standalone layer-1 blockchain to an Ethereum layer-2 network.

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Like many blockchain-native tokens, CELO has struggled to return to its previous highs. Source: CoinMarketCap

Opera said the proposed change reflects its “belief in the long-term value” of the Celo ecosystem. The two have worked together since 2021, when Opera integrated Celo-native stablecoins into its browser wallet.

The partnership has increasingly centered on Opera’s MiniPay wallet, a self-custodial app built on Celo, which the company says has grown to 14 million users and focuses on stablecoin payments in emerging markets. MiniPay initiated connections with Latin America real-time payment platforms PIX and Mercado Pago in November.

To be sure, Opera isn’t the only company to accumulate tokens tied to a blockchain protocol. Ethereum software company ConsenSys has exposure to Ether (ETH) through its work on core infrastructure, such as MetaMask. Blockstream, a Bitcoin infrastructure company, holds Bitcoin (BTC) while developing products and services around the network.

Related: US ban on stablecoin yield could see others fill the void: Ledger exec

Opera reports revenue growth, announces buyback

Opera’s deeper integration with Celo comes on the heels of stronger-than-guided results, as the company reported growth across its core browser business and newer product segments.

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In February, Opera reported fourth-quarter revenue of $177.2 million, up 22% year-over-year. Adjusted earnings came in at $41.9 million, representing a 24% margin.

For the full year, revenue reached $614.8 million, with adjusted earnings of $142.5 million.

The company also announced a $300 million share repurchase program, which reduces the number of outstanding shares and can increase earnings per share.

Opera’s Nasdaq-traded shares are up more than 21% over the past month and currently trading at around $15 a share, giving the company a market capitalization of roughly $1.3 billion.

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Opera (OPRA) stock. Source: Yahoo Finance

Related: Abra targets Nasdaq listing in $750M deal with New Providence SPAC