The slow impulse of XRP in institutional finances has just gathered another sponsor.
The Blockchain firm focused on Flare announced Friday that every blockchain Inc. (OTC: EBZT)A company that quotes in the United States has signed a memorandum of understanding to adopt its XRP finances (XRPFI) Framework for corporate treasure performance.
The measure occurs months after the Vivopower International PLC list (Nasdaq: VVPR) He committed $ 100 million in XRP to the Flare ecosystem, making Ebzt only the second public company to do so.
The agreements mark the first steps in Flare’s effort to convert XRP, historically a non -winning asset, a productive instrument for institutions.
In the center of the frame is Flare’s “Fassets” system, a bridge without trust that provides intelligent contract to tokens such as XRP and Bitcoin. Combined with FireLight, Flare’s resting layer, the configuration allows companies to convert XRP into FXRP and assign it through decentralized protocols for loans, bets and liquidity.
“XRP, now an asset of approximately $ 150 billion, has been a cornerstone of digital finances for more than a decade, but institutions have had few ways to do it productive,” said Hugo Philion, co -founder and CEO of Flare.
“Flare changes that by allowing a non -custodial performance framework, in chain, designed for corporate treasure bonds. With Vivopower and now every blockchain, public companies are validating that XRPFI is not only a concept but an emerging institutional standard,” he added.
Ebzt framed its decision as part of a broader change in the way public companies deal with Blockchain assets.
“It is about unlocking the true financial utility of digital assets such as XRP, not only as speculative holdings, but as performance instruments that can be aggravated over time,” said Arthur Rozenberg, CEO of the company. “Flare gives us the rails to do this in a way that meets the required government, safety and auditability standards of public companies.”
For now, the XRPFI Push remains small in terms of dollar in relation to Treasury pilots based on Bitcoin or Ether.
But two companies that appear on the list publicly adopt the model in less than a year gives XRP a new narrative: less about speculation, more about performance and potentially a step towards the most conventional corporate balances.
