XRP News: Buy $XDX As XRP Price Goes Up, XenDex Gets Ready To Unveil Its First DEX Version While Presale Nears End
By GlobeNewswire Published on May 17, 2025, 20:56 IST
SYDNEY, May 17, 2025 (GLOBE NEWSWIRE) — As XRP dominates the headlines and bullish momentum accelerates, XenDex is emerging as one of the most promising DeFi projects on the XRP Ledger, and time is running out to join early.
With its soft cap already filled and the hard cap nearly reached, the $XDX presale is entering its final phase. Early supporters are racing to secure tokens before listings go live and prices rise.
Purchase $XDX At A low Price
This surge in demand follows a series of game-changing developments: Judge Torres' favorable rulings, the SEC's lawsuit withdrawal, and ProShares' XRP Futures ETF approval. Market sentiment has never been stronger, with some analysts now predicting XRP could hit $1,000 in the long term as institutional interest pours in.
Riding this momentum, XenDex is building what XRP has lacked, a complete DeFi ecosystem in one powerful, user-friendly platform.
Version 1 is currently in development, and a full UI mockup will be released soon showcasing: AI Copy Trading
Non-Custodial Lending & Borrowing
Cross-Chain Trading (BNB, Solana, Ethereum)
Staking & Yield Farming
DAO Governance
Join XenDex Presale
Only $XDX presale buyers will get early access to the platform once it launches.
Presale Details (Final Phase) Soft Cap: Filled
Filled Hard Cap: Nearly Filled
Nearly Filled Price: 1.25 XRP = 10 XDX
1.25 XRP = 10 XDX Minimum Buy: 150 XRP
Buy XDX Before It Sells Out
XenDex team has confirmed that XDX will be listed after presale on some major exchanges like: Binance, Gate.io, MEXC, BitMart, FirstLedger, MagneticX.
With the XRP market booming as a result of the SEC's lawsuit withdrawal, Judge Torres' favorable rulings, and the approval of ProShares' XRP Futures ETF, combined with Brazil's first XRP Spot ETF, market confidence is soaring and many now believe XRP could hit $1,000 in the long run, XenDex is set to launch soon, this is your last chance to buy low before listings go live.
Join the XDX movement:
Website: https://xendex.net
Presale: https://xendex.net/presale
Telegram: https://t.me/xendexcommunity
Twitter/X: https://x.com/xendex_xrp
Docs: https://xdxdocs.gitbook.io
Contact:Frank Richards
[email protected]
Disclaimer : This is a paid post provided by XenDex. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.
Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.
Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/33dedeb6-6640-43e2-a316-4cf470c1f9a3
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Grayscale Wants in on Quantum Computing ETFs
Who says a crypto asset manager has to focus on crypto asset management? There's a world of possibilities out there, and one of the big crypto ETF issuers appears to be branching out. Grayscale filed on Thursday with the Securities and Exchange Commission for the Quantum Computing ETF. The Stamford, Connecticut-based firm started in the US ETF business in 2022 — and, thanks to the move of assets from its Bitcoin Trust to the spot bitcoin ETF it launched in 2024, temporarily had the biggest bitcoin ETF by assets. By August 2024, the significantly cheaper iShares Bitcoin Trust ETF surpassed it. Since then, Grayscale has been building out a line of ETFs with four focused solely on digital assets, two focused on income, two with equities exposure, one dedicated to bitcoin mining companies, and one to adopters of the digital asset. READ ALSO: BlackRock's 'Widow Maker' ETF Is Suddenly in High Demand and Nasdaq Wants to Wrap This $11.5B Altcoin in an ETF The proposed ETF, which is pending SEC approval but could launch by mid August, would be passively managed, tracking an index of companies 'producing proof-of-concept or commercialized quantum computing technologies' and makers of components enabling the technology, according to the prospectus. There is a lot of hype around quantum computing, which benefits from using both the wave and particle natures of matter, though the technology has not been developed in a mainstream capacity yet. It could improve upon the power of classical computers exponentially and make extraordinarily complex calculations in very short times. The technology could even pose a threat to crypto, as it could be used to break the security and gain access to wallets — something BlackRock recently warned investors about. Stop Being Disruptive: There are a handful of tech and artificial-intelligence-focused ETFs with exposure to quantum computing technology. But at least one ETF is already dedicated to the area: the $1.3 billion Defiance Quantum ETF, which launched in 2018. That fund has seen average annualized returns of 21% since inception, per Morningstar. 'It's performed very well,' said Bryan Armour, director of ETF and passive strategies research for North America. Even so, 'investors are pushing to get in early by virtue of the shift in first-mover advantage of new technologies … It's never as smooth as investors would think.' Armour cited examples of other high-flying technology investments that later sputtered, including: The internet (back when it was spelled with a capital 'I') and the dotcom bubble that led to the famous bust. One of the most disruptive technologies over the past century, commercial aviation, has long struggled with profitability, despite its popularity. Spot On: Grayscale is still primarily focused on digital assets. It, along with other firms, is waiting for decisions from the SEC on spot-price Solana and XRP ETFs that it has requested, for example. Whether the company intends to branch out in other ways is a question, but the firm didn't respond to a request for comment. 'Obviously crypto is its core competency, and it made most of its money by offering a private trust,' Armour said. Quantum computing, on the other hand, 'is not a core competency.' This post first appeared on The Daily Upside. To receive exclusive news and analysis of the rapidly evolving ETF landscape, built for advisors and capital allocators, subscribe to our free ETF Upside newsletter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27 minutes ago
- Yahoo
Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
DALLAS, June 2, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per share. The distribution will be payable on June 30, 2025, to shareholders of record at the close of business June 23, 2025. The Fund is a closed-end fund that seeks to provide growth of capital along with income in a registered fund format. The Fund pursues its investment objective by investing directly and indirectly (e.g., through derivatives that are the economic equivalent of direct investments) in the following categories of securities and instruments: (i) investments in securities or other instruments directly or indirectly secured by real estate, including real estate investment trusts ("REITs"), preferred equity, securities convertible into equity securities and mezzanine debt; (ii) other instruments, including, but not limited to, secured and unsecured fixed-rate loans and corporate bonds, distressed securities, mezzanine securities, structured products (including but not limited to mortgage-backed securities, collateralized loan obligations and asset-backed securities), convertible and preferred securities, equities (public and private), and futures and options; and (iii) floating rate loans and other securities deemed to be floating rate investments. The Fund declares and pays distributions monthly. About the Highland Opportunities and Income Fund The Highland Opportunities and Income Fund (NYSE: HFRO) is a closed-end fund managed by NexPoint Asset Management, L.P. For more information visit Effective June 15, 2023, the Fund changed its name to the Highland Opportunities and Income Fund to reflect a new investment objective. Under the modified investment objective, the Fund will pursue growth of capital along with income. More information can be found in the press release announcing the changes, issued on May 16, 2023. About NexPoint Asset Management, L.P. NexPoint Asset Management, L.P. is an SEC-registered investment adviser on the NexPoint investment platform. It is the adviser to a suite of registered open-end and close-end funds. For more information visit Investors should consider the investment objectives, risks, charges, and expenses of the Highland Opportunities and Income Fund carefully before investing. This and other information can be found in the Fund's prospectus, which may be obtained by calling 1-800-357-9167 or visiting Please read the prospectus carefully before you invest. The distribution may include a return of capital. Please refer to the 19(a)-1 Source of Distribution Notice on the NexPoint Asset Management website for Section 19 notices that provide estimated amounts and sources of the Fund's distributions, which should not be relied upon for tax reporting purposes. No assurance can be given that the Fund will achieve its investment objectives. Shares of closed-end investment companies frequently trade at a discount to net asset value. The price of the Fund's shares is determined by a number of factors, several of which are beyond the control of the Fund. Therefore, the Fund cannot predict whether its shares will trade at, below or above net asset value. Past performance does not guarantee future results. Closed-End Fund Risk. The Fund is a closed-end investment company designed primarily for long-term investors and not as a trading vehicle. No assurance can be given that a shareholder will be able to sell his or her shares on the NYSE when he or she chooses to do so, and no assurance can be given as to the price at which any such sale may be affected. Credit Risk. The Fund may invest all or substantially all of its assets in Senior Loans or other securities that are rated below investment grade and unrated Senior Loans deemed by NexPoint to be of comparable quality. Securities rated below investment grade are commonly referred to as "high yield securities" or "junk securities." They are regarded as predominantly speculative with respect to the issuing company's continuing ability to meet principal and interest payments. Non-payment of scheduled interest and/or principal would result in a reduction of income to the Fund, a reduction in the value of the Senior Loan experiencing non-payment and a potential decrease in the NAV of the Fund. Investments in high yield Senior Loans and other securities may result in greater NAV fluctuation than if the Fund did not make such investments. Real Estate Industry Risk: Issuers principally engaged in real estate industry, including real estate investment trusts, may be subject to risks similar to the risks associated with the direct ownership of real estate, including: (i) changes in general economic and market conditions; (ii) changes in the value of real estate properties; (iii) risks related to local economic conditions, overbuilding and increased competition; (iv) increases in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal of property to tenants; (viii) the availability of financing and (ix) changes in interest rates and leverage. Illiquidity of Investments Risk. The investments made by the Fund may be illiquid, and consequently the Fund may not be able to sell such investments at prices that reflect the Investment Adviser's assessment of their value or the amount originally paid for such investments by the Fund. Ongoing Monitoring Risk. On behalf of the several Lenders, the Agent generally will be required to administer and manage the Senior Loans and, with respect to collateralized Senior Loans, to service or monitor the collateral. Financial difficulties of Agents can pose a risk to the Fund. CONTACTS Investor Relations Kristen Thomas IR@ Media Relations comms@ View original content: SOURCE Highland Opportunities and Income Fund
Yahoo
2 hours ago
- Yahoo
SEC Concerned About Crypto ETFs With Staking Exposure
The Securities and Exchange Commission (SEC) is concerned that crypto exchange-traded funds that offer exposure to staking may not qualify as ETFs after all. On Friday, the agency sent a letter to ETF Opportunities Trust regarding Ethereum and Solana funds by REX Financial and Osprey Funds with staking exposure: the REX-Osprey ETH ETF and the REX-Osprey SOL ETF. Staking allows crypto investors to earn rewards on the tokens they hold. The SEC letter said that it 'continues to have unresolved questions whether the Funds, if structured and operated as proposed, would be able to meet the definition of 'investment company' under the Investment Company Act.' Under the law, funds must meet this definition to be eligible to trade on the stock market. The financial regulator added that it is 'concerned that the Funds may have improperly filed their registration statement on Form N-1A and that disclosures in the registration statement regarding the Funds' status as investment companies may be potentially misleading.' REX Financial and Osprey Funds declined to comment to However, Bloomberg reported that Greg Collett, general counsel at REX Financial, said, 'We think we can satisfy the SEC on the investment company question, and we don't intend to launch the funds until we do that.' The funds would have been the 'first-ever staked Ether and Solana ETFs' as well as the "first-ever spot Solana" ETF, according to Eric Balchunas, senior ETF analyst at Bloomberg. The SEC's delay comes after it issued guidance on Thursday, stating that staking participants don't need to register their transactions with the agency. On Saturday, Commissioner Caroline Crenshaw issued a statement criticizing the SEC's 'confusion' on crypto asset security status. 'In the name of this clarity, we've seen staff statement after staff statement, pronouncing that all sorts of crypto assets are not securities. And yet, now we see no objection to the effectiveness of new exchange-traded funds that assert certain crypto assets—ETH and SOL—actually are securities. Does this Commission, in fact, believe that ETH and SOL are securities?' Crenshaw wrote. 'How is it that these crypto assets are supposedly not securities when it comes to registration requirements but conveniently are securities when a registrant sees an opportunity to sell a new product?'Permalink | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
