Odaily Planet Daily reports that digital asset custody provider Hex Trust has announced the launch of an XRP DeFi portal for institutional clients, while maintaining asset custody control. Institutions can mint and redeem FXRP (the XRP wrapped token on the Flare network) through the Hex platform and stake the native FLR. Previously, Flare launched an FXRP lending market, allowing users to earn yields or borrow without selling XRP. FXRP offers a one-to-one mapping with XRP, enabling participation in smart contract applications without transferring the original XRP. (coindesk)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple CTO Schwartz Denies Secret XRP-Government Plans, Calls Conspiracy Theories 'Almost Always False'
Gate News message, April 24 — Ripple Chief Technology Officer David Schwartz has rejected claims that XRP is tied to undisclosed U.S. government plans or hidden financial system deals. In posts on X, Schwartz directly addressed renewed conspiracy theories suggesting the token could reach extreme pri
GateNews12m ago
Ripple Altcoin Maintains Breakout Against Bitcoin, XRP Could See a Price Surge of Over 550%
Ripple altcoin maintains breakout against Bitcoin.
XRP could see a price surge of over 550%.
This could propel the price of XRP to a new ATH target at $10.
The crypto market continues to show strong signals for an explosive altcoin price run phase. This long-held hope that the
CryptoNewsLand3h ago
Algorand, Aptos Lead Quantum Security Race: Coinbase Report
Coinbase's Quantum Advisory Council has identified Algorand and Aptos as the Layer-1 networks best positioned to handle future quantum computing threats, according to a report cited on April 24, 2026. While large-scale quantum risks remain years away, the report emphasizes that preparation is
CryptoFrontier9h ago
XRP Price Eyes Final Resistance at $1.53 — Breakdown Risk Toward $0.87 Looms
XRP approaches $1.53 resistance as Wave E nears completion
$1.39 support must hold to maintain bullish structure
Rejection could push XRP down toward $1.09 to $0.87
Ripple’s XRP has reached a decisive moment that traders cannot ignore. Price action now approaches a critical resistance
CryptoNewsLand10h ago
XRP Spot ETFs Record $3.89M Net Inflows in Single Day
Gate News message, April 24 — XRP spot ETFs recorded net inflows of $3.89 million yesterday (April 23), according to SoSoValue data.
Franklin XRP ETF (XRPZ) accounted for the entire daily inflow of $3.89 million, bringing its historical cumulative net inflows to $349 million. As of press time, XRP
GateNews15h ago
Girin Labs Launches XRP Payment Wallet with Doppler Finance Integration, Enabling Real-Time XRPL Settlements
Gate News message, April 23 — Girin Labs has launched the Girin Wallet, integrating Doppler Finance's institutional-grade yield layer to enable XRP and RLUSD payments in everyday transactions. Users can now spend XRP and RLUSD at any Visa-accepting merchant, with transactions settling instantly on t
GateNews22h ago
