XRP Enters Multi-Chain DeFi Era as Hex Trust Issues and Custodies Wrapped Version
The post XRP Enters Multi-Chain DeFi Era as Hex Trust Issues and Custodies Wrapped Version appeared on BitcoinEthereumNews.com.
Hex Trust introduces regulated wrapped XRP enabling DeFi access and cross chain liquidity expansion wXRP launches with over 100 million dollars liquidity across Ethereum Solana Optimism HyperEVM networks Hex Trust plans to launch a wrapped version of XRP, or wXRP, to support broader usage of the token in decentralized finance and cross-chain transactions. Each wXRP will match native XRP 1:1 and can be minted or redeemed by authorized parties using a regulated and automated system. The wXRP asset will first be supported on Solana, Optimism, Ethereum, and HyperEVM, with more blockchains added later. The move allows XRP to interact with other digital assets across several networks, including trading against Ripple’s RLUSD stablecoin. Hex Trust said this shift is designed to bring greater flexibility and safer transaction channels to institutions. The wrapped token will begin with over $100 million in total value locked. This pool is expected to offer liquidity stability for trading, improving pricing accuracy and lowering slippage on supported platforms. Giorgia Pellizzari, Chief Product Officer and Head of Custody at Hex Trust, said, “With wXRP, we are expanding XRP liquidity in DeFi and cross-chain networks including broader utility between XRP and RLUSD.” The institutional finance world is paying attention. Hex Trust’s role as the official wXRP issuer/custodian (backed by $100M+ TVL) is a major step in bringing compliant utility to the XRP ecosystem. Trust is the foundation of scale. Read more on @TheAssetMag… pic.twitter.com/95cWq07rVR — Hex Trust (@Hex_Trust) December 12, 2025 Compliant wXRP Expands XRP Use Hex Trust stated that its custody model ensures wXRP remains fully redeemable for native XRP held under institutional-grade security. This includes insurance, KYC/AML compliance, and full auditability. The company has confirmed that tokens will only be issued or burned when the underlying XRP is deposited or withdrawn. The need for safer cross-chain asset…
Filed under: News - @ December 12, 2025 6:26 pm