Hex Trust Pushes XRP Into DeFi with $100M ‘wXRP’ Bridge as XRP ETFs Inflows Surge
Share:
Hex Trust launches wXRP (Wrapped XRP) on Ethereum and Solana with over $100 million in liquidity for DeFi use. Cboe approves 21Shares Spot XRP ETF (TOXR) with a $226 million injection from Ripple Markets, contributing to near $1 billion in total XRP ETF inflows. XRP's price faces a volatility squeeze around $2.02.
Predictions Markets
See what traders are focused on
- Hex Trust launches wXRP (Wrapped XRP) on Ethereum, Solana, and other chains with over $100 million in initial liquidity
- Cboe approves listing of the 21Shares Spot XRP ETF (TOXR), which Ripple Markets has seeded with a massive $226 million capital injection
- These dual announcements arrive as total XRP ETF inflows near the $1 billion mark, while XRP technical indicators suggest a volatility squeeze building around $2.02
Hex Trust, a regulated institutional custodian, said that it will issue and manage wrapped XRP (wXRP), a 1:1-backed form of XRP built for DeFi and cross‑chain use.
wXRP will allow Ripple’s XRP to move across major chains without relying on high‑risk third‑party bridges. Each wXRP will be created only when native XRP is deposited into Hex Trust’s custody, and each token is burned on redemption, which keeps the supply fully matched.
The platf…
Read The Full Article Hex Trust Pushes XRP Into DeFi with $100M ‘wXRP’ Bridge as XRP ETFs Inflows Surge On Coin Edition.
Read More
XRP Ledger Activity Hits 2026 Low as Traders Await Next Catalyst
