XRP Price Prediction: Trillion-Dollar Wall Street Fund Manager Goes All In – Could XRP Be the Next Institutional Favorite?

The post Taurus strengthens institutional custody on Canton Network appeared on BitcoinEthereumNews.com. Canton Network, the public blockchain specifically designed for the regulated financial sector and already adopted by giants like Goldman Sachs, BNP Paribas, and Deutsche Börse, takes a decisive step towards expanding its infrastructure. The network, which hosts over 6 trillion dollars in tokenized assets, has announced a strategic partnership with Taurus SA, a global leader in digital asset custody for financial institutions. Taurus: the new Super Validator of the Canton network Founded in 2018 in Switzerland, Taurus has quickly established itself as a benchmark in digital asset infrastructure, offering issuance, custody, and trading services for cryptocurrencies, tokenized assets, NFTs, and digital currencies. With a global presence that includes 13 offices and regulation under the supervision of FINMA, Taurus serves over 35 leading banks, including State Street, Santander, Credit Suisse, and Deutsche Bank. Taurus enters the Canton Network in a dual capacity: on one hand as a strategic partner for the custody of digital assets according to the Canton Token standard, and on the other as a Super Validator (SV). This role involves active participation in the security, maintenance, and governance of the network, through the validation of critical operations and contribution to the consensus of the blockchain. The Added Value of Institutional Custody The integration of Taurus allows existing financial institution clients to directly and compliantly access the Canton ecosystem, without the need to develop new infrastructure or enter agreements with additional providers. This marks the first time a major institutional custodian commits to supporting the Canton Token standard, representing a turning point in the mass adoption of blockchain for financial instruments such as bonds, repos, and tokenized money market funds. Canton Network: Privacy, Compliance, and Interoperability Canton Network stands out as the first public blockchain designed to meet the needs of regulated financial institutions. The network ensures 24/7 operational…

PANews reported on November 26th that, according to The Block, Layer 1 blockchain SKALE has partnered with Layer 2 network Base to launch an Ethereum Layer 3 network. According to a project representative, the network, named "SKALE on Base," is "designed specifically for AI agent workloads," particularly well-suited for applications like the x402 payment protocol, incubated by Coinbase and designed specifically for AI. They stated, "Agents require higher-quality block space to run on-chain. SKALE Expand allows the deployment of SKALE Manager (the core smart contract that enables the SKALE chain) onto any EVM blockchain, bringing SKALE's gas-free transactions, instant determinism, and privacy protection to other EVM ecosystems." SKALE on Base enables AI agents to leverage SKALE's scalable infrastructure, along with Base's liquidity, users, access channels, and distribution channels. The network will also introduce a computing resource credit system, meaning AI agents and users won't need to manage gas fees when using on-chain applications. Users can pre-purchase credit on Base using USDC or SKL. Tuesday's launch marks the first deployment of SKALE Expand's multi-chain initiative, which aims to position SKALE as "an AI agent layer capable of supporting multiple Layer 1 and Layer 2 networks while keeping users and liquidity on their original chains."

The first exchange-traded fund (ETF) providing direct exposure to XRP prepares to launch this week. Following the considerable attention already garnered by futures-based XRP ETFs, ETF expert Nate Geraci says this debut is a moment that will test the strength of investor interest. Many in the market now wait to see if the new fund […]