Digital asset custody firm Hex Trust announces the provision of XRP DeFi access for institutional clients. Through its platform, users can mint and redeem FXRP while maintaining custody control and supporting native FLR staking. Flare also launches the FXRP lending market, allowing users to benefit without selling XRP.

Nansen partners with OpenDelta to launch the digital token index NX8, covering mainstream blockchains such as Bitcoin and Ethereum. This product supports on-chain financial market development, is issued for the first time on Solana, features multi-chain compatibility, and is custodized by Anchorage and Hex Trust.

Hex Trust announces a partnership with LayerZero to launch Wrapped XRP (wXRP), becoming the first on the Solana network. This move marks a significant step forward for the XRP ecosystem in cross-chain DeFi, laying the foundation for cross-chain asset support, liquidity expansion, and a richer array of decentralized application scenarios. wXRP is a wrapped token supported 1:1 by the native XRP, with custody provided by regulated Hex Trust. Authorized merchants can mint and redeem wXRP within a compliant environment, maintaining a peg to the native XRP. In the initial launch phase, the total value locked (TVL) of wXRP will exceed $100 million, providing solid fundamental liquidity for DeFi trading and liquidity markets.

XRP will officially join the Solana ecosystem, and Hex Trust will issue a wrapped version of XRP (wXRP), a token anchored 1:1 to the native XRP, based on LayerZero's OFT standard, designed to enhance decentralized finance applications. Solana believes that XRP's long-term utility combined with its high-performance advantages.

Hex Trust plans to issue a token wXRP pegged 1:1 to XRP, aiming to expand its usage in DeFi and cross-chain applications. This token can be traded with Ripple stablecoin RLUSD on public blockchains like Ethereum, providing liquidity to the market. The total locked value of wXRP will exceed $100 million, ensuring smooth transactions and stable prices.

Gate News bot message, significant ETH movements have been observed in two separate transactions. Richard Heart, the founder of HEX and PulseChain, has executed a transfer of 27,449 ETH to a new wallet, with subsequent movements through Tornado Cash. In a distinct transaction, a whale trader has com