Focusing on Expansion and Accessibility
Hex Trust is launching wrapped $XRP (wXRP), a 1:1-backed representation of XRP, which will allow the cryptocurrency to expand beyond its native network and operate on major blockchains like Ethereum and Solana.
đ Focusing on the Key Mechanism
Thanks to an initiative by Hex Trust, XRP is gaining interoperability. The firm will issue and custody a 1:1-backed token called wrapped XRP (wXRP), enabling XRP's utility on other major networks, including Ethereum and Solana.
đ Focusing on Multi-Chain Presence
XRP is going multi-chain! Hex Trust has announced plans to issue and custody wXRPâa fully backed version of XRPâallowing the asset to be used on prominent blockchains such as Ethereum and $SOL
