XRP DeFi Gains Institutional Access via Hex Trust and Flare Alliance

TLDR

• Hex Trust has expanded its partnership with Flare to offer institutional access to FXRP minting and native FLR staking.
• Institutions can securely mint and redeem FXRP through Hex Trust while maintaining regulatory compliance.
• The new services allow direct participation in the Flare ecosystem without the need for hot wallets.
• Hex Trust enables FLR staking with customizable transaction policies and multi-approval workflows.
• Wrapped XRP was launched by Hex Trust across Ethereum, Solana, Optimism, and HyperEVM with $100 million in initial liquidity.
• The partnership supports on-chain use cases, including staking, lending, and liquidity provision for XRP and FLR.

Hex Trust has extended its partnership with Flare, offering institutional access to FXRP minting and native FLR staking services, delivering regulated custody, compliance tools, and on-chain exposure for enterprise clients through its platform, while Flare provides the core infrastructure that enables native interoperability and asset issuance.

Institutional Access to FLR Staking Launches via Hex Trust

Hex Trust confirmed it has activated native FLR staking for its institutional clients through a direct integration with the Flare network.

This service allows institutions to stake FLR tokens securely while operating within compliance and risk frameworks defined by enterprise-grade standards.

The offering includes automated multi-signature approvals and customizable transaction policies enforced by Hex Trust’s governance engine.

According to Hex Trust, the service improves access to staking by eliminating the requirement for hot wallets.

XRP DeFi Expands with FXRP Minting Integration

Hex Trust now supports minting and redeeming FXRP on Flare, providing institutions a way to access XRP DeFi use cases securely.

FXRP represents XRP 1:1 on Flare and allows interaction with smart contract environments through trustless, non-custodial mechanics.

The process uses Hex Trust’s custody setup and governance policies to enable secure institutional participation in DeFi strategies.

This access lets traditionally static assets like XRP serve as liquid collateral in decentralized markets, including staking and lending.

FXRP is managed via WalletConnect, allowing interaction with Flare’s DeFi without compromising custody or compliance structures.

Expansion Continues with wXRP and RLUSD Liquidity

In December, Hex Trust launched Wrapped XRP (wXRP) on multiple chains, including Ethereum, Solana, Optimism, and HyperEVM.

The launch deployed $100 million in initial liquidity, aiming to support Ripple’s RLUSD stablecoin trading pairs across EVM ecosystems.

While XRP price remained unchanged on the update, RLUSD supply maintained its position at 1.3 billion tokens.

Hex Trust said these deployments aim to anchor real-world liquidity for EVM-compatible DeFi environments involving XRP and stablecoins.

The company noted many institutions faced barriers in bridging or staking assets due to wallet risk and governance limitations.

It added that the integration with Flare and use of FXRP offers a controlled structure for DeFi engagement.

Flare’s FAssets system enables trust-minimized issuance of non-smart contract tokens on-chain with built-in risk protections.

Hex Trust stated it will support future asset integrations like BTC as Flare’s token ecosystem expands further.

Minting and redemption actions are controlled by institutional-grade compliance, including multi-approval workflows and continuous audits.

The new services are already live and available to institutional clients through Hex Trust’s custody platform.

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