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Ripple Plans to Lease London's Financial District New Landmark, With Annual Rent Exceeding £10 Million

2025.10.21 18:40:26

On October 21st, the cryptocurrency company Ripple Labs Inc. is engaged in discussions to lease high-rise space within Brookfield Group's new London skyscraper. In the event that the deal is successfully concluded, they will establish their presence in one of the most costly office regions within the current London financial district. According to sources, Ripple intends to lease approximately 90,000 square feet (8,361.3 square meters) of office space in the Leadenhall Building located in London's financial district. Developed by Brookfield, this 35-story building is reportedly being offered at a rental rate of £140 per square foot ($187.33), thereby becoming one of the priciest office spaces in the financial district, on a par with rental levels in the Mayfair upscale area. Given that the negotiations are not made public, the individuals involved have requested anonymity. Ripple has more than 900 employees across 15 offices worldwide and offers digital asset payment and custody services to banks and financial institutions.
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U.S. Senate Republicans have unveiled the text of the new version of the CLARITY Act, incorporating the revised ethics proposal agreed to by Trump.

Crypto journalist Eleanor Terrett reported that U.S. Senate Republicans have released the revised text of the CLARITY Act, incorporating an ethics proposal revised with Trump’s approval, while also adjusting provisions related to the Blockchain Regulatory Certainty Act (BRCA), stablecoin yields, and the so-called "Ag Clause." Republicans described this as their "last, best and final" offer to Democrats ahead of a procedural vote on Tuesday. Regarding BRCA, the new text narrows the scope of relevant provisions to the Bank Secrecy Act and civil enforcement, and removes language that would have extended protections to criminal cases, including lawsuits filed under Section 1960. On ethics provisions, Trump agreed to approximately 80% of the Tillis-Gallego proposal as described by Republican aides, including requiring relevant individuals to divest "significant" crypto-related financial interests or place them in blind trusts, while allowing state attorneys general to participate in enforcing ethics rules—a provision the White House had previously opposed. On stablecoin yields, the new text incorporates the "circuit breaker" mechanism proposed by Senator Tillis in July, which would allow federal regulators to intervene if there are signs of large-scale community bank deposits flowing into stablecoins, with Treasury Secretary Bessent responsible for making such determinations. Regarding the "Ag Clause," the revised text further strengthens restrictions on vertical integration, including related-party transactions and conflicts of interest involving digital commodity trading platforms, brokers, and dealers. It also clarifies that state consumer protection laws remain applicable, and specifies that developer protections will not constitute an exemption under derivatives laws nor affect prediction markets.

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Anthropic's over-the-counter (OTC) market capitalization is currently reported at $2.139 trillion.

HIP-3 market deployer Entropy has launched the Anthropic Pre-IPO market on Hyperliquid. ANTH is up 0.76% over the past 24 hours, currently trading at $2,139. Its 24-hour trading volume stands at $9.18 million, with contract open interest reaching $28.95 million.

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SoftBank Secures $11.87 Billion Loan to Boost Investment in OpenAI

SoftBank Group has secured a $11.87 billion loan to support its investment in U.S. artificial intelligence firm OpenAI, exceeding the prior $10 billion target. According to people familiar with the matter, the Japanese conglomerate finalized the two-year financing last week, with around 20 banks committing to participate. The latest borrowing further adds to SoftBank’s recent debt financing activities tied to its OpenAI bet, including a $10 billion margin loan secured by its OpenAI stake and a potential bond issuance of up to $20 billion, amid market concerns over rising credit risks in the AI sector. SoftBank said last week it will repay the remaining $40 billion loan it obtained earlier this year to fund its OpenAI investment. Per a statement, the company plans to repay the $25.9 billion it owes on September 15; the unsecured loan was originally set to mature in March next year. Meanwhile, SoftBank will meet with investors in New York this week to gauge their interest in a potential U.S. dollar junk bond issuance. People familiar with the matter said last month the company is considering raising between $10 billion and $20 billion via a bond offering.

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Coinbase CEO: Is Helping More Than 1,000 U.S. Community Banks Integrate Stablecoin Functionality Into Their Existing Systems

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SK Hynix’s DRAM Market Share Declines

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Swift will leverage blockchain technology to enable 24-hour remittances, and has launched a pilot program involving 17 banks globally.

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