XRP News: Wrapped XRP Launch Gains Ripple CTO’s Support in New Cross-Chain Strategy

Hex Trust said on Thursday it will begin issuing and custodying wrapped XRP, a token designed to let XRP move across several blockchains while remaining backed 1:1 by the original asset. The Hong Kong–based digital asset custodian said the new token, called wXRP, will allow XRP to be used in decentralised finance applications on chains … source: https://coinpedia.org/news/xrp-news-hex-trust-to-issue-wrapped-xrp-to-expand-ripple-tokens-access-to-defi/