TLDR
- EBZT commits $10M in XRP to Flare’s XRPFi to access regulated DeFi yield.
- XRPFi lets firms convert XRP into FXRP for staking and lending returns.
- EBZT joins Nasdaq-listed VivoPower in adopting Flare’s XRPFi framework.
- Flare’s Firelight enables smart contract use for XRP in DeFi strategies.
U.S.-based Everything Blockchain Inc. has partnered with Flare Network to integrate its XRP holdings into a DeFi-compatible structure. The move brings the Nasdaq-listed company into a growing list of institutions using XRPFi, a framework built by Flare to convert XRP into a yield-generating asset. EBZT plans to allocate $10 million worth of XRP to this effort, marking another step toward regulated digital asset adoption in treasury operations.
EBZT Allocates XRP to XRPFi for Corporate Treasury Use
Everything Blockchain Inc. (ticker: EBZT) signed a memorandum of understanding with Flare Network to participate in its XRPFi framework. This will allow the company to integrate decentralized finance strategies into its digital asset treasury. EBZT plans to allocate $10 million in XRP through this structure, seeking regulated returns from its crypto holdings.
The XRPFi system is designed by Flare to turn XRP, which does not have native smart contract functionality, into a yield-bearing asset. Through the framework, companies like EBZT can use XRP in a manner that meets public company standards for governance, compliance, and auditability.
FXRP, Firelight, and the Use of DeFi Protocols
Flare’s XRPFi structure uses a system known as FAssets. It enables tokens like XRP to be wrapped and used in smart contract applications. EBZT will convert its XRP into FXRP, which is compatible with DeFi applications on the Flare Network.
Once converted, the FXRP will be deployed across lending, staking, and liquidity protocols. This is managed through Firelight, Flare’s restaking and interoperability layer. The process is intended to help EBZT grow on-chain income while keeping its operations within regulated financial practices.
EBZT CEO Arthur Rozenberg said, “We’re using this partnership to show how digital assets can go beyond holding and support active treasury management.” He noted that this setup can help public companies seek returns without compromising on regulatory expectations.
Institutional Interest in XRPFi Grows
Everything Blockchain joins other publicly traded companies now participating in the XRPFi framework. Earlier, Nasdaq-listed VivoPower committed $100 million in XRP to the same model. Japanese gaming company Gumi also introduced its own XRP treasury recently, signaling broader international interest.
Flare Network has positioned XRPFi as a compliance-ready way to generate yield from XRP. According to Flare CEO Hugo Philion, the platform gives public firms access to yield-generation strategies once only available to private crypto funds. He said, “XRP has a market of about $150 billion, but until now, institutions had no way to generate returns from it.”
As more firms adopt the framework, Flare expects that tokens like Bitcoin will also become usable in similar ways once FAssets expand. This could enable broader DeFi participation by companies that hold traditionally non-yielding digital assets on their balance sheets.
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