News linked to both this project and an event.
According to Reuters, Revolut has become Europe's most valuable startup, with a current private market valuation of $115 billion, surpassing UK-based Barclays and France's Société Générale. In 2025, it recorded a pre-tax profit of £1.7 billion (around $2.2 billion), reflecting rapid year-on-year growth. The company currently serves 80 million customers and is actively expanding into markets such as Mexico and Australia while continuously securing new licenses. However, Revolut continues to face several challenges: revenue per customer remains well below that of traditional banks, and its lending portfolio is comparatively small (with a loan-to-deposit ratio of just 6%, far below HSBC's 55%); it faces stiff competition in the United States; moreover, it was previously penalized by Lithuanian authorities for anti-money laundering violations and recently suffered a customer data breach. Analysts emphasize that boosting primary account usage and scaling its lending business will be the central focus for Revolut's next phase.
Odaily News: The latest software version 3.3.0 of XRP Ledger (XRPL) introduces several upgrade proposals, including Confidential Transfers. This feature is designed for institutional users, supporting encrypted token balances and transfer amounts while preserving the visibility of accounts and token types. It is primarily applied to Multi-Purpose Tokens (MPT) on XRPL, including tokenized financial assets such as funds and bonds. Through cryptographic technologies like zero-knowledge proofs, the network can verify transaction validity without disclosing specific amounts. XRPL currently holds approximately $1.38 billion in on-chain real-world assets (RWA), including about $845.7 million in RLUSD. In addition to RLUSD, there are over $530 million in tokenized assets on XRPL, involving issuers such as Ondo, VERT Capital, Archax, and Societe Generale. XRPL 3.3.0 also includes five proposals—Batch, Sponsor, Permission Delegation, and Dynamic MPT—addressing institutional needs such as batch transactions, fee sponsorship, permission management, and dynamic adjustments to token attributes. The aforementioned upgrades have not yet been officially launched and will only be activated after receiving support from more than 80% of XRPL's trusted validator nodes for two consecutive weeks.