XRP’s gradual entry into institutional finance just gained additional support.
Data-centric blockchain firm Flare announced on Friday that Everything Blockchain Inc. (OTC: EBZT), a company listed in the U.S., has signed a memorandum of understanding to use its XRP finance (XRPFi) framework for enhancing corporate treasury yield.
This agreement follows a commitment from Nasdaq-listed VivoPower International PLC (NASDAQ: VVPR), which allocated $100 million in XRP to the Flare ecosystem—making EBZT the second public company to engage with the framework.
The agreements symbolize initial steps in Flare’s ambition to convert XRP, historically viewed as a non-yield asset, into a revenue-generating tool for businesses.
Central to this framework is Flare’s “FAssets” system, a trustless bridge which imparts smart contract capabilities to tokens such as XRP and bitcoin. Coupled with Firelight, Flare’s restaking layer, this solution enables businesses to transform XRP into FXRP and utilize it across decentralized lending, staking, and liquidity channels.
“XRP, valued at around $150 billion, has been foundational in digital finance for over ten years, yet institutions have lacked numerous options to make it productive,” stated Hugo Philion, Flare’s co-founder and CEO.
“Flare resolves this by facilitating a compliant, on-chain, non-custodial yield framework tailored for corporate treasuries. With VivoPower and now Everything Blockchain, public companies are affirming that XRPFi is not merely a concept but a developing institutional standard.”
EBZT characterized its choice as part of a larger trend where public companies are rethinking the role of blockchain assets.
“This initiative is about unlocking the genuine financial utility of digital assets like XRP, transforming them from mere speculative assets into yield-generating instruments that enhance value over time,” noted Arthur Rozenberg, the firm’s CEO. “Flare provides us with the infrastructure to achieve this while adhering to the governance, security, and auditability expectations of public companies.”
At present, the XRPFi initiative remains modest in value compared to treasury pilots utilizing bitcoin or ether. However, the adoption by two publicly traded firms within a year repositions XRP—a narrative that shifts focus from speculation towards yielding potential, possibly moving toward broader acceptance in corporate finance.
