Crypto
Institutional Crypto Adoption ‘Happening Now’: Ripple Executive Says Real-World Use Cases Taking Hold
Key Takeaways:
- Ripple says institutional adoption of digital assets is happening now.
- Craddock states the focus has shifted to infrastructure and real-world use cases.
- Paris events showed strong momentum, with Ripple citing real industry energy.
Institutional Digital Asset Adoption Gains Momentum
Institutional adoption of digital assets is gaining momentum across global finance, marking a decisive shift as major firms move beyond experimentation into active deployment. Ripple’s managing director for the U.K. and Europe, Cassie Craddock, reinforced this momentum on April 20, pointing to Paris Blockchain Week 2026 and related industry events as evidence that large-scale crypto adoption is already underway.
Craddock stated on social media platform X:
“Institutional adoption of digital assets isn’t something that’s on the horizon. It’s happening now.”
“The debate has moved on. The focus is on infrastructure and real-world use cases. And the people I was fortunate enough to spend time with this week are the ones building it. Banks, asset managers, fintechs, and regulators, all discussing how to do this properly and at scale,” she further shared.
The executive tied that view to meetings held across the Ripple Roadshow Paris, Paris Blockchain Week itself, Mastercard Crypto Day at the Eiffel Tower, and Société Générale-FORGE’s event at the French Ministry of Finance. She explained that discussions no longer centered on whether institutions would engage with the sector. Instead, participants examined infrastructure, deployment standards, and real-world use cases that could support broader activity across regulated financial markets.
Paris Events Highlight Structured Industry Buildout
The comments suggest that digital asset conversations among large organizations are becoming more operational. Craddock referenced exchanges with speakers including David Durouchoux, Myles Harrison, and Frédéric Dalibard, while also highlighting the presence of banks, asset managers, fintechs, and regulators. That mix suggests several parts of the financial system are considering similar questions around scale and execution. Rather than focusing on abstract potential, the gatherings in Paris appeared to center on how institutions can build and apply digital asset systems in a structured way.
The Ripple executive added that the people involved in those meetings are “the ones building it.” She also concluded:
“The energy was real, the momentum even more so.”
These remarks reflect Ripple’s view that institutional interest is moving from long-term expectation to active development. By stressing implementation and participation from established financial groups, the post framed Paris Blockchain Week as a signal that digital asset adoption is advancing within mainstream finance.
Enlivex (Nasdaq: ENLV) announced that its primary treasury asset, the RAIN token, is expected to list on the Gate cryptocurrency exchange on June 24, 2026 at 10:00 AM UTC. Gate is described as serving over 54 million users and ranking second globally in 24-hour spot trading volume.
Enlivex focuses its digital treasury strategy on acquiring RAIN. As of June 21, 2026, it reportedly held 79,568,550,005 RAIN valued at approximately $1.14 billion, implying a treasury NAV per share of $4.67. The listing is expected to broaden access and secondary liquidity for RAIN.
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AI-generated analysis. Not financial advice.
Positive
- RAIN listing on Gate effective June 24, 2026 at 10:00 AM UTC
- Gate serves over 54 million users and ranks second in 24-hour spot volume
- Enlivex holds 79,568,550,005 RAIN tokens valued at about $1.14 billion
- Treasury NAV per Enlivex share reported at $4.67 based on RAIN holdings
- Listing expected to expand RAIN token accessibility and secondary liquidity
Gate user base
over 54 million users
Gate exchange global customer reach
Supported cryptocurrencies
over 4,600 cryptocurrencies
Assets listed for trading on Gate
Gate listing time
June 24, 2026 at 10:00 AM UTC
Effective time for RAIN listing on Gate
RAIN token holdings
79,568,550,005 RAIN tokens
Enlivex treasury position as of June 21, 2026
RAIN holdings value
$1.14 billion
Total value of RAIN held as of June 21, 2026
Treasury NAV per Share
$4.67
NAV per share based on RAIN treasury holdings
Gate spot volume rank
second-largest 24-hour spot trading volume globally
Gate exchange market position
Exchange ranking
top three by trading volume and liquidity
Gate position among digital asset exchanges
ENLV traded down while key biotech peers like ICU and TENX showed gains, and momentum scanner peers ALLR and ICU were moving up, indicating a stock-specific move rather than a sector-wide shift.
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 30 |
RAIN listing HTX |
Positive |
+2.3% |
RAIN listed on HTX, expanding global access and secondary liquidity. |
| Feb 10 |
RAIN listing Kraken |
Positive |
+0.0% |
RAIN listed on Kraken, targeting improved liquidity and price discovery. |
| Jan 26 |
RAIN listing WhiteBIT |
Positive |
+8.3% |
RAIN listed on WhiteBIT to broaden regional access and liquidity. |
| Jan 07 |
RAIN listing KuCoin |
Positive |
+0.4% |
RAIN began trading on KuCoin, a major global crypto venue. |
| Nov 20 |
Bitcoin treasury move |
Positive |
-5.2% |
Board approved up to $1M Bitcoin purchases as a treasury reserve asset. |
Crypto-treasury and RAIN listing updates have usually led to modestly positive or flat moves, with only one notably negative reaction.
+1.1%
Average Historical Move
crypto
In prior crypto-treasury and RAIN listing updates, ENLV moved an average of about 1.15%, suggesting today’s Gate listing fits an ongoing, generally modest reaction pattern to such news.
Crypto-tag history shows a steady build-out of RAIN’s exchange footprint and treasury role, with sequential listings on major venues and continued emphasis on digital assets alongside the core Allocetra™ programs.
1.18% of float
0%
15%
30%+
low
as of 2026-05-29
Days to cover: 1
Short interest appears relatively low, suggesting limited short-squeeze potential but also somewhat reduced downside cushioning from aggressive short covering.
An effective Form F-3 shelf allows a selling shareholder to resell up to 23,333,333 registered ordinary shares from a convertible note, with proceeds going to the selling holder rather than Enlivex.
This announcement expands RAIN’s access via Gate, a high-volume exchange, potentially supporting treasury value built on 79,568,550,005 tokens. Investors may watch how trading depth, regulatory headlines, and the company’s dual biotech–crypto strategy evolve from here.
mark-to-market
financial
“The updated unaudited mark-to-market treasury metrics are publicly available”
“Mark-to-market” is a method of valuing assets or investments based on their current market price, rather than their original cost or value. It helps investors see the most up-to-date worth of their holdings, much like checking the latest price of a stock before deciding to buy or sell. This approach ensures that financial statements reflect real-time value, providing a clearer picture of overall financial health.
governance and utility token
technical
“RAIN serves as the governance and utility token of a fully decentralized”
A governance and utility token is a digital token that both powers use of a platform’s services (utility) and gives holders a voice in decisions about the platform (governance). Think of it as a combined membership card and voting ballot: it can be spent or staked to access features, and it can be used to influence product changes, fees, or rules. Investors care because the token’s value depends on how widely the platform is used and how much control holders can exercise, so demand, governance outcomes and regulatory risk can all affect price.
decentralized predictions and options protocol
technical
“token of a fully decentralized predictions and options protocol built on the”
A decentralized predictions and options protocol is a software system on a distributed ledger that lets people place bets on future events and create option-like contracts without a central company controlling it. Think of it as a peer-to-peer market where users can buy, sell or insure outcomes—similar to a prediction market combined with options trading—which matters to investors because it can enable new ways to hedge risk, discover market sentiment, and access tradable claims without traditional intermediaries.
on-chain
technical
“real-world events through a transparent and automated on-chain framework.”
On-chain describes actions or data that are recorded directly on a blockchain, a public digital ledger that creates a permanent, time-stamped record of transactions. For investors, on-chain activity provides verifiable evidence of transfers, ownership changes or automated program actions (like contract-driven payments); seeing these entries is like checking a bank statement and helps assess liquidity, settlement finality, fees, and transparency when judging risk and market behavior.
AI-generated analysis. Not financial advice.
- Ranked second globally in 24-hour spot trading volume, Gate further extends market access and secondary liquidity for Enlivex’s primary digital treasury asset
Nes-Ziona, Israel, June 24, 2026 (GLOBE NEWSWIRE) — Enlivex Ltd. (Nasdaq: ENLV, “Enlivex” or the “Company”), a quality longevity company powered by a prediction markets treasury, today announced that its primary treasury asset, the RAIN token, is expected to be listed on the Gate cryptocurrency exchange, effective June 24, 2026 at 10:00 AM UTC. The listing represents a continued expansion of RAIN’s exchange infrastructure, increasing its accessibility, global reach, and token liquidity.
According to Gate, it is one of the world’s pioneering cryptocurrency exchanges, established in 2013. Gate is currently serving over 54 million users globally, consistently ranked among the top three digital asset exchanges worldwide by trading volume and liquidity, and holds the second-largest 24-hour spot trading volume globally. Gate supports spot trading, futures trading, margin trading, and wealth management products for over 4,600 cryptocurrencies.
“Gate is one of the most established and widely accessed cryptocurrency exchanges in the world,” stated Oren Hershkovitz, CEO of Enlivex. “Exchange listings on platforms of this caliber expand the secondary market infrastructure around our primary treasury asset. We view each such listing as a positive step in building the long-term accessibility and market depth of our RAIN holdings.”
Enlivex’s digital asset treasury strategy is focused on the acquisition of RAIN tokens. The Company previously announced that, as of June 21, 2026, it held 79,568,550,005 RAIN tokens with a total value of approximately
RAIN serves as the governance and utility token of a fully decentralized predictions and options protocol built on the Arbitrum network. The protocol enables users globally to create, trade, and resolve markets tied to real-world events through a transparent and automated on-chain framework.
About Enlivex
Enlivex is a quality longevity company powered by a prediction markets treasury. The Company is advancing Allocetra™, an advanced clinical-stage immunotherapy targeting inflammatory conditions associated with aging, with a primary focus on age-related osteoarthritis. In addition to its clinical programs, Enlivex operates a prediction markets treasury strategy built around the Rain protocol, the leading decentralized prediction markets infrastructure on Arbitrum.
This dual strategy combines the development of quality longevity therapeutics with exposure to the emerging prediction markets ecosystem.
Forward-looking statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “would,” “could,” “intends,” “estimates,” “suggests,” “target,” “has the potential to,” “goal,” and other words of similar meaning, including statements relating to the anticipated benefits of the Company’s digital asset treasury strategy; the assets to be held by the Company; the expected future market, price, trading activity, and liquidity of the RAIN token; the impact of expanded exchange listings and increased token liquidity on market participation and accessibility; the potential effects of digital asset liquidity on the liquidity of the Company’s ordinary shares; macroeconomic, political, and regulatory conditions surrounding digital assets; the Company’s plans for value creation and strategic positioning; market size and growth opportunities; regulatory conditions; competitive position; technological and market trends; future financial condition and performance; expected clinical trial results; market opportunities for the results of current clinical studies and preclinical experiments; and the effectiveness of, and market opportunities for, ALLOCETRA™ programs.
Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the risk of failure to realize the anticipated benefits of the Company’s digital asset treasury strategy; changes in business, market, financial, political, and regulatory conditions; risks relating to the Company’s operations and business, including the highly volatile nature of the price, trading volume, and liquidity of RAIN and other cryptocurrencies; risks associated with digital asset exchange listings, trading venues, and market infrastructure; the risk that the price and liquidity of the Company’s ordinary shares may be correlated with the price or liquidity of the digital assets it holds; risks related to increased competition in the industries in which the Company operates; risks relating to significant legal, commercial, regulatory, and technical uncertainty regarding digital assets generally; risks relating to the treatment of crypto assets for U.S. and foreign tax purposes; and those risks and uncertainties identified in the Company’s filings with the Securities and Exchange Commission. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements, except as required by applicable law.
Enlivex contact
Shachar Shlosberger
CFO
Enlivex Ltd.
shachar@enlivex.com
1 Valuation calculated using the closing price of the token as quoted on https://coinmarketcap.com/currencies/rain/
FAQ
What did Enlivex (NASDAQ: ENLV) announce about the RAIN token listing on Gate?
Enlivex announced that its primary treasury asset, the RAIN token, is expected to list on Gate on June 24, 2026 at 10:00 AM UTC. According to Enlivex, this listing aims to expand exchange infrastructure, accessibility, global reach, and secondary liquidity for RAIN.
Why is the Gate exchange listing important for Enlivex and its RAIN treasury strategy?
The Gate listing is described as enhancing secondary market infrastructure and liquidity for RAIN, Enlivex’s main treasury asset. According to Enlivex, listings on major exchanges support long-term accessibility and market depth for its RAIN holdings within the company’s digital asset treasury strategy.
How many RAIN tokens does Enlivex (ENLV) report holding and what is their value?
Enlivex reported holding 79,568,550,005 RAIN tokens as of June 21, 2026, valued at approximately $1.14 billion. According to Enlivex, these holdings translate into a reported treasury net asset value per share of $4.67, based on unaudited mark-to-market metrics.
How large is the Gate cryptocurrency exchange where RAIN will be listed?
Gate is described as serving over 54 million users and ranking among the top global exchanges. According to Gate, it holds the second-largest 24-hour spot trading volume worldwide and supports thousands of cryptocurrencies across spot, futures, margin, and wealth management products.
What role does the RAIN token play in Enlivex’s treasury and within its protocol?
RAIN is Enlivex’s primary digital treasury asset and focus of its acquisition strategy. According to Enlivex, RAIN also functions as the governance and utility token of a decentralized predictions and options protocol on Arbitrum, enabling on-chain markets tied to real-world events.
Key Takeaways
- Wintermute warned tighter Fed policy could slow key liquidity channels into crypto markets.
- Officials lifted the median 2026 rate outlook as inflation concerns broadened.
- Tighter monetary policy can raise funding costs and reduce risk appetite, limiting demand across all three channels.
Warsh-Led Fed Reprices Rate Expectations as Inflation Risks Move Higher
Crypto markets entered a tighter liquidity environment after the Federal Reserve held rates steady while signaling a firmer stance on inflation. Wintermute, a crypto market maker and liquidity provider, said the shift created a more challenging backdrop for digital assets reliant on sustained capital inflows.
Referring to the Fed’s policy shift and its implications for capital flows into digital assets, Wintermute wrote:
“For an asset class that needs liquidity arriving through ETFs, stablecoins and DATs, a Fed leaning toward tightening is the opposite of what gets those funnels flowing.”
Exchange-traded funds (ETFs) channel institutional capital into crypto markets, stablecoins provide dollar-linked liquidity used for trading and settlement, and digital asset treasuries commonly refer to corporate or institutional balance sheets allocating funds to crypto. Tighter monetary policy typically raises borrowing costs and reduces risk appetite, which can slow inflows across all three channels.
Federal Reserve officials, at Kevin Warsh’s first meeting as chair, removed any easing bias and shifted projections toward tighter policy. The median 2026 rate outlook rose to 3.8% from 3.4%, with nine of 18 policymakers now expecting at least one hike this year and 17 flagging upside inflation risks. Markets reacted quickly, pushing December hike odds to about 77% from roughly 24% a month earlier.
Officials also shortened the policy statement to 130 words from 341, reinforcing the sharper change in tone. Brent crude fell 8.2% during the week on expectations tied to a reopening of the Strait, yet Wintermute noted that the Fed’s inflation concern appeared broader than energy.
Iran Breakdown Forces Crypto to Absorb Weekend Repricing
Geopolitical tensions added pressure after an Iran agreement expected to be signed on June 19 unraveled before completion. Israel’s strikes in southern Lebanon led Iran to exit negotiations, delaying a planned signing ceremony in Switzerland. Qatar has since worked to keep talks alive into late June, leaving the outcome uncertain.
Attention now shifts to upcoming macro data and diplomacy. The May Personal Consumption Expenditures (PCE) report will provide updated inflation readings, while Qatar’s mediation efforts will shape near-term geopolitical risk and energy market stability.
Wintermute highlighted the near-term catalysts tied to both macro data and diplomacy:
“May PCE on Friday, and the Qatar talks are the near-term catalysts.”
Market structure amplified the impact. U.S. equities were closed for Juneteenth, delaying repricing, while crypto traded through the weekend and absorbed the shift immediately.
BTC fell 3.8% for the week, dropping from near $67,000 to around $62,000 before stabilizing in the low $60,000s. ETH declined 1.2% and fell back below the $2,000 level, while altcoins were broadly flat. The move triggered about $600 million in long liquidations versus under $90 million in shorts, extending June’s pattern of one-sided unwinds.
SINGAPORE – A man was arrested for allegedly stealing cash amounting to $50,000 from a victim during a meeting to purchase cryptocurrency late at night on June 21.
According to the police, who were alerted to a case of theft in New Upper Changi Road at 11.55pm that day, the victim had arranged to meet the suspect to purchase USDT cryptocurrency amounting to $100,000.
While preparing to hand the money over to the suspect, the victim had placed a portion of the cash on a bench, the police said in a statement on June 23.
The 25-year-old suspect then allegedly grabbed $50,000 worth of the cash placed on the bench and fled the scene.
Police officers arrested the suspect after establishing his identity with footage from police and CCTV cameras, and recovered cash amounting to $7,450.
The suspect is expected to be charged with the offence of theft on June 24. If found guilty, he can be jailed for up to three years, fined, or both.
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