Search results for Flare Network
Crypto
Flare CEO says it is earning from dormant XRP, moves to expand DeFi with institutional funds and RWA
Flare is moving to secure stablecoin liquidity and expand institutional cooperation to grow XRPFi, its XRP-based decentralised finance ecosystem. CEO Hugo Philion outlined the strategy in a Flare-hosted AMA, while avoiding details on unreleased products or partnerships. Flare is also pursuing real-world asset experiments using its Confidential Compute stack and expanding its Flare Data Connector business. VivoPower plans to deploy $100 million worth of XRP on the Flare network.
Crypto
XRP holders may earn 5 to 10 percent as lending and DeFi options expand
A forecast says XRP holders could earn annual returns of 5 to 10 percent within the next few years as new financial infrastructure takes hold. Kevin Cage, who has invested in XRP since 2017, said yield opportunities could expand through crypto lending, institutional products, tokenised real-world assets and cross-chain strategies. He warned against DeFi strategies promising more than 20 percent a year, saying such returns typically carry greater risk.
Crypto
Hex Trust to offer FXRP custody, opening XRP DeFi to institutional investors
Hex Trust is expanding its cooperation with the Flare blockchain to increase access to XRP-based decentralised finance, CoinDesk reported on Feb. 5. The arrangement allows institutional investors to participate in staking and lending markets using FXRP, a wrapped XRP token for the Flare network, while maintaining control of their assets. Hex Trust said it addresses institutional reluctance tied to wallet connections and hot-wallet transaction signing. FXRP is a 1:1 wrapped version of XRP.
