Firms connected to Venmo and eBay are investing in new companies, while the competitive landscape of digital assets sees XRP challenged by Ethereum and Chainlink.

The entities involved

• Venmo →

  mobile payment service owned by PayPal

  • PayPal is a San Jose-based company, and its peer-to-peer service Venmo is linked to a Mastercard debit card.Sun 15:49
  • Deloitte's fastest-growing software company, coala association e.V., is attracting investment from firms connected to eBay and Venmo, including Chipotle and Cava.Sun 04:18
• eBay →

  American multinational internet corporation that manages eBay.com

  • Shopify provides tools to help merchants compete against large retailers.Sun 05:19
  • Trump's pledge to unleash oil and gas benefits certain stocks.Sun 02:30
• Ripple →

  creator and a developer of the Ripple payment protocol and exchange network.

  • The SEC has sued Ripple over unregistered security claims. In response to the legal uncertainty, Kraken pulled XRP listings, and Coinbase also suspended XRP trading.Wed 23:17
  • AVAX surged 50%, outpacing Bitcoin's gains, while XRP gained 22% amidst an unconfirmed ICE decision introducing market uncertainty.Wed 23:17
• Ethereum →

  public blockchain platform with programmable transaction functionality

  • Bitmine holds 4.7% of total Ethereum coin supply and 205 Bitcoin, with Founders Fund among its institutional investors.Mon 16:28
  • Animoca Brands is contributing to the ecosystem with commitments, launching natively across multiple blockchains, and executive comments on product goals.Mon 15:05

Related events

• On September 25, XRP was observed to be underperforming the market decline of both Bitcoin and Ethereum.Fri 14:29
• A combined company is expected to list on Nasdaq, while Evernorth is building a treasury focused on the XRP economy.Aug 27