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Hex Trust Launches Multi-Chain Wrapped XRP With Over $100M DeFi Liquidity on 12 December 2025
On 12 December 2025, Hex Trust announced a wrapped version of XRP designed to operate across multiple blockchains, initially launching on Solana. The new wXRP token is fully backed by native XRP held in regulated, audited custody and connects via LayerZero's OFT standard to support cross-chain DeFi use cases. The rollout begins with more than $100 million in total value locked, creating new liquidity routes and trading pairs with Ripple's RLUSD stablecoin as the XRP Ledger upgrades to v3.0.0.