Ripple rules out IPO; Flare's FXRP listed Wednesday on Hyperliquid

Ripple said it has no plans to pursue an IPO, with President Monica Long highlighting the company's ability to self‑fund growth. Flare listed FXRP on Hyperliquid on Wednesday, introducing the first spot XRP market on the DEX. The digest also includes $243 million in U.S. spot bitcoin ETF redemptions on Tuesday and a new Morgan Stanley filing for a spot Ethereum ETF.