Wrapped XRP Launches on Solana

 

Wrapped XRP (wXRP) is now live on Solana, issued by regulated custodian Hex Trust and bridged securely via LayerZero, backed 1:1 of XRP that lets users trade, provide liquidity, lend, and earn yield across Solana’s DeFi apps. 

 

 

This is the latest piece of a multi-chain rollout that Hex Trust detailed back in December 2025, as the same wXRP infrastructure is already operating on Ethereum, Optimism, and HyperEVM, giving XRP holders regulated on-ramps into deeper liquidity pools wherever DeFi happens. RippleX SVP Markus Infanger, noted the move addresses growing demand to use XRP across the wider crypto ecosystem and it aligns with Ripple’s own RLUSD stablecoin work. LayerZero handles the bridging that has captured the majority of reliable cross-chain volume after earlier bridge exploits elsewhere.

 

Major Solana based players such as Ondo Finance which has expanded tokenized treasury and equity products onto the network, and Superstate whose leadership has publicly endorsed Solana as one of only two viable chains for RWAs work alongside Ethereum now operate in a way where they can integrate wXRP straight into liquidity pools lending markets and atomic settlement flows. 

 

At the same time, big institutions like BlackRock and Franklin Templeton are building on Solana with their own tokenized market funds. BlackRock brought its BUIDL fund  which holds cash and Treasuries to deliver dollar yields to Solana, giving qualified investors fast, low-cost access to on-chain returns. Franklin Templeton did the same with its on-chain US Government Money Market Fund. WisdomTree brought its tokenized funds covering money markets, stocks, bonds, alternatives, and balanced portfolios, VanEck launched its low-fee Treasury bill fund VBILL, Hamilton Lane added tokenized access to private infrastructure and secondary funds, and Apollo made its ACRED private credit product available as collateral in protocols like Morpho. This lets firms keep their traditional compliance and custody setups intact while plugging these assets straight into Solana, so institutions can easily use wXRP for liquidity, collateral, or quick settlements.

 

Solana has been scaling RWA activity with tokenized ecosystems on-chain surpassing two billion dollars in value and protocols like Kamino handling over one billion dollars in real world asset deposits across isolated lending markets, where institutions borrow against assets and earn yield from cash flows. Ripple has targeted these kinds of entities through its custody solutions and partnerships with banks, including BBVA, DBS Bank, DZ Bank, Intesa Sanpaolo, and more recently Kyobo Life Insurance, for on-chain settlement and staking capabilities that now extend naturally to Solana networks.

 

There’s support across Phantom wallet, Jupiter Exchange, Meteora, and Titan Exchange, ensures that the infrastructure is ready for immediate use, which removes one of the frictions that has kept payment assets like XRP siloed from builders who prefer Solana for its sub-cent fees and near instant finality.