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XRP News Today: Major Institutions Endorse Crypto as Technology Industries Harness AI and IoT for Expansion

XRP News Today: Major Institutions Endorse Crypto as Technology Industries Harness AI and IoT for Expansion

Bitget-RWA2025/10/31 01:26
By:Bitget-RWA

- BlockDAG secures $435M funding ahead of 2026 launch, defending against disinformation claims while showcasing 1,400 TPS testnet and F1 team partnerships. - Ripple's XRP ecosystem gains institutional traction with $11B corporate holdings, including SBI's $10B stake, as RLUSD hits $789M market cap through Japan expansion. - Qualcomm's AI chips and Digi's XBee 3 LTE modem drive tech sector optimism, while X-FAB's 180nm SOI expansion in Malaysia reflects semiconductor demand for EVs and data centers. - SPAR

The cryptocurrency and tech industries are undergoing significant changes, marked by BlockDAG’s $435 million capital raise and the ongoing growth of Ripple’s

ecosystem. At the same time, progress in AI hardware and IoT connectivity is influencing investor attitudes, while established sectors such as semiconductor production and retail are adjusting to shifting market needs.

BlockDAG, a blockchain initiative recently under scrutiny, has secured $435 million in investment prior to its planned "Genesis Day" on February 10, 2026, when the network is expected to debut on leading exchanges, as reported by

. CEO and founder David Turner has rejected claims of a "coordinated disinformation campaign," calling them an attempt to erode trust before the project’s key launch. Turner pointed to the project’s public testnet, which handles more than 1,400 transactions per second and is compatible with the Machine, as well as partnerships like the BWT Alpine Formula 1 Team, as evidence of its authenticity, according to Yahoo Finance. The company’s adherence to a set timeline for infrastructure rollout stands in contrast to the vague schedules often seen in fraudulent ventures, providing a clear test of its credibility.

XRP News Today: Major Institutions Endorse Crypto as Technology Industries Harness AI and IoT for Expansion image 0

Alongside BlockDAG’s progress, Ripple’s XRP ecosystem is attracting more institutional interest, with international companies collectively holding $11 billion worth of XRP through the Digital Asset Treasury (DAT) model, according to

. Ripple’s RLUSD stablecoin has reached a $789 million market capitalization, fueled by its listing on platforms like Bybit and its 2026 expansion into Japan. The XRP Ledger’s compliance tools, such as Clawback and Deep Freeze, are drawing banks and fintech firms looking for regulatory-compliant blockchain solutions. Notably, Japan’s SBI Holdings holds the largest corporate stake in XRP at $10 billion, positioning the asset alongside and Ethereum in institutional holdings, the report stated.

Within the technology sector, Qualcomm’s advancements in AI-powered chips have driven its stock to its highest level in 15 months, reflecting growing investor confidence in the transformative impact of artificial intelligence, according to

. Meanwhile, Digi International’s introduction of the Digi XBee 3 Global LTE Cat 4 modem is positioning the company to benefit from high-bandwidth IoT solutions. The modem’s global certifications and edge intelligence are designed to streamline integration for manufacturers, potentially speeding up Digi’s move toward recurring revenue, according to .

Semiconductor producer X-FAB reported strong results for the third quarter, with growth in its SiC business fueled by demand from data centers and electric vehicles, according to the company’s

. The firm’s expansion in Malaysia, which will double its 180nm BCD-on-SOI technology capacity by the end of 2026, highlights its focus on fast-growing markets. X-FAB’s EBITDA margin of 23.6% for Q3, within its projected range, demonstrates its ability to withstand market volatility, the results showed.

On the business side, SPAR Group’s move to Charlotte and the appointment of James Gillis as executive chairman mark a shift toward greater operational efficiency and enhanced client relations, according to

. The company’s expanded revolving credit line in the U.S. and Canada, with rates linked to Wells Fargo’s Prime Rate, is intended to strengthen liquidity and support its capital management plans, MarketScreener reported.

As these trends unfold, the balance between institutional adoption, technological progress, and regulatory readiness is influencing investor decisions. While projects like BlockDAG and XRP are under the microscope, their concrete infrastructure and alliances are helping build a case for their legitimacy. Meanwhile, established industries are leveraging AI and IoT innovations to ensure sustainable growth in a highly competitive environment.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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