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SpaceX cuts retail IPO allocation to low 20% range, source says

SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar with the matter. The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, including international individual investors, online brokerages and private-bank clients, the person said. The…

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Ripple-linked blockchain could close its biggest DeFi gap if new proposal passes

One of the XRP Ledger’s biggest weaknesses as a DeFi venue might be on its way out. A draft amendment titled “AMM Swappable Curves” was filed on the XRPL standards repository Tuesday, proposing to extend the network’s existing automated market maker with three pluggable curve types — constant product, concentrated liquidity, and StableSwap. A fourth,…

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