Hex Trust to issue wXRP for Solana and Ethereum with more than $100 million TVL

Hex Trust said it will issue and custody wXRP, a 1:1 wrapped XRP for Solana, Ethereum, Optimism and HyperEVM, enabling DeFi use and RLUSD trading where supported. The launch is expected to carry more than $100 million in TVL, with LayerZero's OFT standard used for cross‑chain transfers and authorised merchants handling mint and redeem against segregated XRP reserves.