Flare’s XRP Yield-Bearing Structure Adopted by Everything Blockchain Inc.
The digital asset treasury company, Everything Blockchain Inc., is set to become the second publicly-traded entity to adopt an XRP yield-bearing structure created by Flare. As a layer-1 network focused on decentralized finance (DeFi) interoperability, Flare has been focused on expanding institutional adoption for XRP.
A press release sent to CryptoPotato revealed that Everything Blockchain has entered a memorandum of understanding (MOU) to adopt Flare’s XRP DeFi (XRPFi) framework. This development comes after the Nasdaq-listed energy solutions provider VivoPower International committed $100 million in XRP to the Flare ecosystem.
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Flare’s XRP Yield-Bearing Structure Adopted by Everything Blockchain Inc.
The digital asset treasury company, Everything Blockchain Inc., is set to become the second publicly-traded entity to adopt an XRP yield-bearing structure created by Flare. As a layer-1 network focused on decentralized finance (DeFi) interoperability, Flare has been focused on expanding institutional adoption for XRP.
A press release sent to CryptoPotato revealed that Everything Blockchain has entered a memorandum of understanding (MOU) to adopt Flare’s XRP DeFi (XRPFi) framework. This development comes after the Nasdaq-listed energy solutions provider VivoPower International committed $100 million in XRP to the Flare ecosystem.
Read More