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Grayscale XRP Trust returns, offering regulated exposure to XRP

Can Grayscale’s XRP Trust revive institutional interest in XRP? On Jan. 17, 2024, Grayscale Investments, a digital currency asset management firm, has announced the reopening of its XRP (XRP) Trust to eligible accredited investors. Grayscale XRP Trust is open to eligible accredited investors seeking exposure to $XRP, which powers the XRP ledger, a distributed network … Read more

Tony Bennett’s Kids Say Brother Took $2.6 Million From Trust: Lawsuit

Steve Granitz/WireImage Tony Bennett’s daughters have accused their brother Danny of mismanaging the late singer’s finances. Antonia and Johanna claimed in January court documents obtained by People that they have “serious concerns” about the “mismanagement” of Danny’s role as trustee over Bennett’s estate. “Danny acted in multiple, conflicting fiduciary capacities for an extended period prior … Read more

Osprey Funds to convert Bitcoin Trust into ETF as Bitwise acquisition talks end

United States-based Osprey Funds is gearing up to convert its Bitcoin trust into an exchange-traded fund after an acquisition deal with Bitwise fell through. The investment management firm said in a Jan. 14 statement that it would file a Form S-1 with the U.S. Securities and Exchange Commission “as soon as practicable” to convert the … Read more

Shifting Gears’ Kat Dennings Felt an ‘Immediate’ Trust With Tim Allen

Disney/Mike Taing It didn’t take long for Kat Dennings and Tim Allen to build a real-life bond similar to their Shifting Gears daughter-dad duo. “It clicked pretty fast. We had lunch after I accepted the role and I felt immediately like I could trust him for some reason,” Dennings, 38, exclusively shared in the newest … Read more

Crypto.com launches U.S. trust company

Crypto exchange Crypto.com has launched a U.S. trust company dubbed Crypto.com Custody Trust Company. The exchange, founded in 2016 and currently boasting regulatory approval and licenses in numerous countries and jurisdiction, revealed the key development in a press release on Dec. 23.  According to details, Crypto.com unveiled the U.S. trust company after it secured a … Read more

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