Ripple Reiterates No IPO Plans, Says Company's Balance Sheet is Strong and Focused on Growth
On January 7th, Ripple CEO Monica Long announced the company has no current plans for an initial public offering (IPO), will remain privately held, and will prioritize growth via product development and acquisitions.
She noted Ripple’s solid financial position means it does not need to access public capital markets for liquidity, and already has the capacity to continue investing in its development.
Long’s comments follow Ripple’s ~$5 billion funding round in November 2025, which valued the firm at ~$40 billion. Investors include Fortress Investment Group, Citadel Securities, and several crypto funds. Regarding investor protection in the round’s terms, she only said the overall structure favors Ripple, without disclosing specific details.
The report also notes Ripple completed multiple 2025 acquisitions: prime broker-dealer Hidden Road, stablecoin payment platform Rail, treasury management system GTreasury, and digital asset wallet/custody firm Palisade—totaling nearly $4 bill
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Polymarket Denies Venezuela Invasion, Sparking Community Backlash
**Jan. 7 (MarketWatch) — Prediction market Polymarket has refused to pay out on bets tied to “U.S. Will Invade Venezuela,” arguing weekend events did not constitute an “invasion” — sparking strong customer dissatisfaction.**
Polymarket’s website shows the market “U.S. invades Venezuela before Dec. 31” is currently ruled false, with a trading volume of $2.76 million.
Anonymous users on the platform questioned, “What exactly counts as an invasion?” labeling the company “Polyscam.” One user slammed “outright arbitrary rulings”: “Words are redefined at will, detached from recognized meaning; facts are ignored. A military raid, head of state kidnapping, and country takeover aren’t considered an invasion — that’s absurd.” Others asked, “Is this a joke?” and “Does this not count as an invasion just because it was swift and had a low death toll?” (The New York Times cited a Venezuelan official saying the raid killed 80.)
Polymarket explained the market defines “invasion” as a U.S. mil
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「Seven In, Seven Out Shorting ZEC」 Whale Re-enters Short ZEC, Average Entry Price $507.66
On January 7, per monitoring from HyperInsight (via its Telegram channel @HyperInsight), the "Strong Short ZEC" whale re-entered the market this morning after closing out its ZEC short position yesterday morning.
Currently, the whale holds a short position of 3,697.06 ZEC with 2x leverage (valued at approximately $1.83 million). The position has an average entry price of $507.66 and $41,000 in unrealized profit.
Prior to this, the address executed seven ZEC short positions (with no long positions) and accumulated a total loss of $508,000.
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Tempo Introduces TIP-20 Token Standard for Stablecoins and Payment Use Cases
On January 7, the Tempo team launched its native token standard TIP-20, targeted at stablecoin and payment-focused token use cases.
Per the official announcement, TIP-20 is ERC-20-compatible and adds features like transfer memos, compliance controls, and reward distribution—aimed at addressing real-world needs for payments, settlements, and fund management.
Tempo notes TIP-20 enables customized stablecoin issuance for specific payment scenarios, supports high-throughput transactions with predictable fees, and allows stablecoin trading on Tempo’s native decentralized exchange (DEX). The standard also includes role-based permission management and policy registries to support compliance and operational oversight.
Infrastructure providers including AllUnity, Bridge, and LayerZero have already started supporting TIP-20, per official disclosures. Tempo adds the standard works for stablecoin issuers and can be extended to other homogeneous assets, reducing custom development costs an
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NFT Paris Reportedly Cancels Event but Does Not Refund Sponsor Fees, Involving Over 500,000 Euros
January 7th, Funkari team member Neks announced that NFT Paris has **canceled** its 2026 NFT Paris and RWA Paris events (launched in 2022) due to depleted funds: organizational costs exceeded sponsorship and ticket revenue. Ticket buyers are promised refunds within two weeks.
Below the announcement, sponsor @serc1n shared an email: “Per Article 12 of our agreement, non-refundable event costs have exceeded total sponsorship funds received—so we cannot provide refunds.” Okay Bears founder Kais, another sponsor, confirmed receiving the same message.
Sponsors paid for exposure at the event, with goals ranging from driving profitability, selling products, and acquiring users to boosting brand visibility. Now the event is canceled, their sponsorship fees are gone. NFT Paris listed 61 sponsors for 2026; total sponsorship is estimated at over €500,000.
A key detail: Sources say the core team that operated NFT Paris for three years left shortly before the incident. If true, this amount
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A certain trader bought a WhiteWhale for $5836 34 days ago, and is now experiencing over a 77x unrealized gain.
January 7th: Per GMGN monitoring (link: https://t.me/gmgnaibot?start=i_m4TE56o8), a trader purchased Solana-based meme coin WhiteWhale via 49 transactions 34 days ago, with a total outlay of $5,836.13. To date, the trader has cashed out $16,000 from sales and still holds WhiteWhale tokens valued at $456,500—securing an unrealized per-token gain exceeding 77x.
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