TSX Stock News
TSX Stock News
Here’s how world’s second XRP spot ETF has performed since launch
Canada’s first spot XRP exchange-traded fund (ETF), launched by Purpose Investments under the ticker XRPP.U, has had a tough start since debuting on the Toronto Stock Exchange (TSX) on June 18. This product is the world’s second spot XRP ETF, following Brazil’s Hashdex offering. Notably, the Purpose XRP ETF closed 1.63% lower at $9.68 on Friday, June 20, 2024, extending its post-launch decline as light trading kept it near its session low. Purpose XRP spot ETF chart. Source: TradingView Since its launch, the new fund, also available in CAD-hedged (XRPP) and CAD non-hedged (XRPP.B) versions, has mostly trended lower, reflecting

Morguard Corporation (MRC) Closes The Market
(MENAFN– Newsfile Corp) Toronto, Ontario–(Newsfile Corp. – June 20, 2025) – Angela Sahi, President and Chief Operating Officer, Morguard Corporation (“Morguard” or the “Company”) (TSX: MRC), and her team, joined Dani Lipkin, Managing Director, Global Innovation Sector, Toronto Stock Exchange (“TSX”), to close the market and celebrate the Company’s 60+ years listing anniversary on TSX – originally as Acklands Limited, renamed Morguard Corporation in 2002 – and 50-year anniversary of Morguard Investments Limited. Cannot view this video? Visit: Morguard, a fully integrated real estate company with $18.7 billion in assets under management and 1,100 professionals, owns, manages, develops, and provides
Bloomberg analysts raises the odds for XRP, ADA, and DOGE ETFs approval to 90%
Bloomberg analysts James Seyffart and EricBalchunas have raised the odds for altcoin exchange-traded funds (ETFs) approval to 90% following recent engagement with the US Securities and Exchange Commission (SEC). The analysts are confident in spot XRP, Dogecoin, and Cardano ETFs. “Eric Balchunas and I are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher,” Bloomberg ETF Analyst James Seyffart said on X. “Engagement from the SEC is a very positive sign in our opinion.” NEW: @EricBalchunas & I are raising our odds for the vast majority of the spot crypto ETF filings

Why XRP Could Be The Next Big ETF Bet And What Polymarket Traders Know That You Don’t
Investor optimism surrounding a potential XRP XRP/USD exchange-traded fund (ETF) has reached new heights. What Happened: Bettors on the Polymarket prediction platform are assigning an 89% chance of U.S. approval for XRP ETF by the end of 2025. This surge in confidence, up from 70% earlier this year, reflects growing expectations that XRP could soon join Bitcoin BTC/USD and Ethereum ETH/USD in the ETF arena, potentially reshaping the altcoin market. Trading activity on Polymarket has also intensified, with volumes exceeding $95,000, signaling strong market interest driven by regulatory developments and insider sentiment. An XRP ETF would allow investors to gain

3iQ Lists First XRP ETF in North America
A landmark rollout further reinforces 3iQ’s track record as a trusted innovator in delivering regulated, first-to-market digital asset investment solutions. Ripple, the leader in enterprise blockchain and crypto solutions, is an early investor in the fund. The 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), which launches with a 0% management fee for the first six months, provides exposure to a digital asset that has grown by 10,800% since January 2015. 3iQ rang the closing bell at the Toronto Stock Exchange to mark XRPQ’s first day of trading. 3iQ Corp., a global pioneer in digital asset investment solutions, is pleased to announce

Sunset of the Barbadian multinational company
DeLisle Worrell. IN the Barbados Daily Nation newspaper of May 12, 2025, there is the headline “Top Sagicor execs paid $13.9m”. A visitor to Barbados might wonder why this would be of interest to Barbadian readers, because Sagicor is a wholly-owned Canadian insurance company; 50 per cent of its assets are in Canada, another quarter in the USA, and of the remainder, the largest share is in Jamaica, not in Barbados. None of the “top execs” referred to in the headline is Barbadian. Barbadians, however, will know that this modest-sized Canadian company is the modern incarnation of the Barbados Mutual

Canadian Investor Relations Institute (CIRI) Closes The Market
(MENAFN– Newsfile Corp) Toronto, Ontario–(Newsfile Corp. – June 19, 2025) – Nathalie Megann, CPIR, President & Chief Executive Officer, Canadian Investor Relations Institute (“CIRI”) along with members of the capital market community, joined Berk Sumen, CPIR, Managing Director, TSX and TSX Venture Exchange Company Services, to close the market to celebrate the start of CIRI’s 38th Annual Investor Relations Conference. Cannot view this video? Visit: CIRI’s Annual Conference is the second-largest gathering of IR practitioners in the world. Over two days of programming, the conference will bring together industry leaders and IR experts that offer their views and advice during

Alkane–Mandalay merger clears key hurdle
Alkane Resources has received a key regulatory approval in Sweden for its proposed merger of equals with Mandalay Resources. Alkane confirmed that Sweden’s Inspectorate of Strategic Products had approved the deal under the Swedish Foreign Direct Investment (FDI) Act. The proposed merger, announced in April, will see Alkane acquire all issued and outstanding shares of Mandalay under a court-approved plan of arrangement under British Columbia law. Mandalay shareholders will receive 7.875 Alkane shares for each Mandalay share held. Once complete, the merged entity will become an emerging mid-tier gold and antimony producer valued at around $1 billion. Former Mandalay shareholders

XAO DAO is set to bring decentralized governance to XRP Ledger
XAO DAO has announced plans to launch the first decentralized autonomous organization (DAO) on the XRP Ledger. The Wyoming-based limited liability company (LLC) disclosed this on X, noting that it will bring a new era of decentralized innovation. According to the announcement, XAO DAO is a next-generation governance engine for the XRPL network that will allow users to participate in the network governance. The post highlighted why DAOs are important, noting that they promote transparent processes and empower users to participate actively. XAO DAO is a for-profit entity co-founded by Fabio Marzella and Santiago Velez. With the DAO, XRPL network

Olympia Financial Group Inc. Announces Director Election Results from its 2025 Annual Meeting of Shareholders
Article content Calgary, Alberta–(Newsfile Corp. – June 19, 2025) – Olympia Financial Group Inc. (TSX: OLY) (“Olympia“) announces that at its annual meeting of shareholders, held on June 18, 2025, the following seven (7) director nominees were elected: NOMINEE VOTES FOR VOTES WITHHELD Number Percent Number Percent Richard Skauge 690,056 99.374% 4,349 0.626% Craig Skauge 690,153 99.388% 4,252 0.612% Gerard Janssen 688,269 99.116% 6,136 0.884% Brian Newman 688,269 99.116% 6,136 0.884% Antony Balasubramanian 685,762 98.755% 8,643 1.245% Anthony Lanzl 690,962 99.504% 3,443 0.496% Paul Kelly 663,689 95.577% 30,716 4.423% Article content In addition, the re-appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as