Hex Trust Launches wXRP to Expand XRP Across Major Blockchains

In a significant move for cross-chain interoperability, regulated digital asset platform Hex Trust has announced the launch of wXRP, a fully-backed wrapped token designed to bring Ripple’s XRP to major blockchains including Solana, Ethereum, Optimism, and HyperEVM. This initiative aims to meet surging institutional and retail demand for cross-chain assets, expanding XRP’s utility in decentralized finance (DeFi) and enabling seamless trading against Ripple’s forthcoming RLUSD stablecoin. Backed by over $100 million in initial total value locked and built on secure, auditable infrastructure, wXRP represents a regulated bridge for moving value across ecosystems.

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Ripple’s XRP Ledger Ready for Asset Tokenization Boom

Ripple’s XRP Ledger (XRPL) is positioning itself as a leading platform for tokenizing real-world assets, according to Senior VP Markus Infanger. With its fast, scalable, and cost-efficient infrastructure, XRPL is well-suited for digitizing assets like real estate and commodities. The growing interest in ETFs and tokenization is fueling optimism around XRP’s potential breakout, as the blockchain’s consensus mechanism ensures secure and efficient transactions. This development could significantly expand XRP’s use cases beyond payments.

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Ripple predicts significant growth in cryptocurrency and DeFi by 2025

Ripple anticipates significant growth in the cryptocurrency sector by 2025, driven by increased institutional adoption and the evolution of decentralized finance (DeFi) into essential tools for institutions. The company highlights the importance of crypto-friendly regulations and predicts that stablecoins will emerge as a new asset class, consolidating around high-quality, regulated issuers. With a supportive regulatory environment under the current U.S. administration, Ripple executives foresee a transformative period for the crypto market, emphasizing the need for operational efficiency and compliance.

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Ripple’s Vision for 2025: Tokenization, DeFi, and Stablecoin Evolution

Ripple executives foresee a transformative 2025, emphasizing the rise of tokenization and DeFi as essential tools for institutional adoption. They predict that regulatory clarity will enhance market dynamics, with stablecoins consolidating and major corporations diversifying treasury strategies to include crypto assets. The integration of Zero-Knowledge Proofs into the XRP Ledger is expected to bolster privacy and scalability, paving the way for broader digitization across various asset classes.

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