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.
