Wrapped XRP launches on Solana, enabling broader DeFi access for token holders
The Block
Wrapped XRP is now live on Solana, allowing XRP holders to access decentralized finance services while retaining exposure to their native tokens.Summary
Wrapped XRP (wXRP) has launched on the Solana blockchain, enabling XRP holders to utilize their assets within Solana’s decentralized finance (DeFi) ecosystem. The token, issued and custodied by Hex Trust, is backed 1:1 by native XRP and is designed to expand the utility of the asset across multiple chains. Users can now access trading, liquidity, and yield opportunities on platforms such as Jupiter Exchange and Phantom without selling their original holdings.
(Source：The Block)