The family behind Cantor Fitzgerald, led by the sons of U.S. Commerce Secretary Howard Lutnick, is now tied into XRPN.
Cantor’s CF Principal Investments has the option to sell up to 5.2 million XRPN shares through Evernorth’s committed equity facility.
Let that sink in.
Evernorth is the Ripple-backed XRP treasury company. It is backed by SBI, Pantera, Kraken and GSR. Now one of Wall Street’s best-connected firms is in the structure.
Lutnick moved his stake into family trusts when he became Commerce Secretary. His son Brandon Lutnick now runs Cantor as Chairman and CEO and is the controlling trustee.
Hey @grok, given everything you know about me and my macro thesis around Japan, Iran, Oil, small-caps, sentiment, and leverage, has the time finally come for me to become annoying as fuck?
I’m not interested in the $CANTON token whatsoever and this is just one of the reasons. I think influencers pitching Canton token either DON’T know or DON’T understand what it actually means when just 100 wallets own 89% of the supply! That’s 100 out of a total of 930,000 wallets that own 89% of the $CANTON supply! So 89% of the supply is owned by 0.0001% of the wallets. That is fxxxing INSANE!!
In plain English this means you will get dumped on for the rest of your life! I honestly don’t know if I’ve ever seen something so bad! See proof below!!👇
Grayscale S-1 filing (primary source)In its June 5, 2026 S-1 registration statement for the proposed Grayscale Canton ETF (filed with the SEC), Grayscale disclosed:
https://t.co/WfeoAOglBF
“As of the date of this filing, the largest 100 CC wallets held approximately 89% of the CC in circulation. Moreover, it is possible that other persons or entities control multiple wallets that collectively hold a significant amount of CC... As a result of this concentration of ownership, large sales or distributions by such holders could have an adverse effect on the market price of CC.”
The filing also notes that while there was no pre-mine or pre-sale (tokens are earned via network utility under a burn-and-mint model), early participants (especially Super Validators and application providers) have accumulated significant balances. Circulating supply was cited around ~38.2 billion CC as of March 31, 2026 in related materials.This figure was widely reported in coverage of the filing (e.g., Stocktwits/NewsBreak headlines specifically calling out “100 wallets hold 89% of supply”).
https://t.co/to8zdlzMxv
Independent on-chain analysesAn October 2026 aggregation of active CC contracts from Super Validator scan data (520k contracts, ~197k parties, ~39.8B CC) reported: Top 10 parties ~31%, Top 100 ~85%, Top 1,000 ~99.7%. The remaining ~196k parties shared ~0.3%.
@mariuslsmith
Related commentary has referenced the same ~85% top-100 figure against ~39.5B circulating supply.
Canton Network is a public-permissioned institutional blockchain (backed by firms such as Goldman Sachs, Citadel Securities, Visa, Broadridge, Tradeweb, and others). Supply is concentrated among Super Validators and early network participants due to the reward structure (heavy early allocation to Super Validators). Top-holder trackers and leaderboards exist (e.g., on sites showing individual large balances in the hundreds of millions to over 1B CC), consistent with high concentration.Note: These figures reflect circulating supply at the time of the statements (mid-to-late 2026). Exact percentages can shift with ongoing minting, burns, locking (e.g., Super Validator requirements), and transfers. The Grayscale disclosure is the most formal/official source explicitly stating the “100 wallets / ~89%” claim. $QNT $XRP
THE WHITE HOUSE HAS NEVER BEEN THIS CLOSE TO XRP. 🚨
Cantor Fitzgerald. The firm Trump's Commerce Secretary built.
July 2024. Lutnick takes the stage in Nashville. Cantor launches a $2B Bitcoin business.
Bitcoin: $67.9K.
Feb 2025. Lutnick joins Trump's cabinet.
Oct 2025. Bitcoin hits $126K. +86%.
Today, Cantor is run by his son, Brandon.
Thursday. Cantor signs up to fund up to ~$80M for Evernorth.
And the filing says where the money goes: 🗣️
"including the acquisition of XRP."
First Bitcoin. Now XRP. 😉
@jvallee2000 Dbab hahaha @jvallee2000 living legend
Wouldn't it be time to do another video with @allthemoney
the OG video is gone WE need a new one
A lot of people miss your face Jimmy and your accent
What can #xrpfamily do to make this happen?
“Jimmy - Is this ‘good for us’?” Is a question I’m getting a lot.
Well, it’s activity.
These Evernorth (NASDAQ: $XRPN) posts are consistently among my most highest viewed. So, that means there is a ton of interest in the “XRP Public Treasury Company.”
But - looking closer at this actual deal . . . This ELOC deal is further evidence of the merging of the traditional capital markets (what the kids call “TradFi”) with the growing digital capital markets. And THAT is VERY good for us.
The Symphony is reaching towards a crescendo. Ahead of schedule, in my personal opinion.
NFA-DYOR-DBAB 😉
as a man, you can grind for years with nothing to show.
family thinks you're crazy.
you'll lose your friends.
then one year everything explodes.
keep going, it's just a matter of time.
Earlier this week I lost someone close to me. Death is abstract - until it is incredibly real.
He was the wisest, most thoughtful, and most generous person I have known.
I was incredibly fortunate to call him:
- a friend
- a mentor
- a role model
- an inspiration
But most of all, I was fortunate to call him Dad.
B. Kent Garlinghouse, Sr
1941 - 2026
MR POOL SAID "WATCH THE WATER." NOW MATT DAMON IS BRINGING IT TO RIPPLE. 🌊🚨
2022: Mr Pool posts two words. "THE WATER."
2026: the co-founder of @Water gets booked for Ripple Swell.
Matt Damon.
His topic? Moving money with Ripple Payments and RLUSD.
Mr Pool said green. The @XRP logo came green. 🟢
He said blue. Evernorth lit Seoul blue. 🔵
Now he says water... and water walks onto Ripple's stage. 🌊
Are you paying attention? 👀