On 12 December 2025, Bhutan's Gelephu Mindfulness City announced TER, a sovereign digital token backed by the country's gold reserves and issued via DK Bank on the Solana blockchain. Matrixdock is responsible for the tokenization of the underlying gold, and the initiative forms part of Bhutan's wider push into blockchain, which also includes Bitcoin mining, a state-managed crypto reserve, and crypto payment options for tourists.

Evernorth announced a SPAC merger exceeding $1 billion in October, positioning the entity as the largest publicly traded XRP treasury globally. The firm is targeting a Nasdaq debut under ticker XRPN in early 2026. Ripple's $1 billion acquisition of GTreasury aims to integrate Fortune 500 treasury infrastructure with the XRP Ledger for corporate cross-border settlements.