According to 36 Crypto, Solana has officially launched Wrapped XRP (wXRP), a 1:1-backed version of XRP, in collaboration with Hex Trust. The move aims to integrate XRP into DeFi ecosystems, enhancing cross-chain interoperability and liquidity. wXRP will initially be available on Solana and is expected to expand to Ethereum, Optimism, and HyperEVM. Hex Trust will issue and secure wXRP, ensuring full regulation and custody of native XRP. The launch comes after weeks of speculation following Solana’s cryptic “589” post on X.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
