Flare Lands Second Public Company For its XRP DeFi Framework
XRP’s Entry into Institutional Finance Gains Momentum with Everything Blockchain Inc.
In a significant development for XRP, Flare, a data-focused blockchain firm, announced a new partnership with Everything Blockchain Inc. (EBZT), a U.S.-listed company. The memorandum of understanding signed between the two entities outlines EBZT’s adoption of Flare’s XRP finance (XRPFi) framework for corporate treasury yield.
This collaboration comes on the heels of VivoPower International PLC’s commitment of $100 million in XRP to Flare’s ecosystem, making EBZT the second public company to join forces with Flare in its endeavor to make XRP a productive asset for institutions.
At the core of Flare’s XRPFi framework is the “FAssets” system, a trustless bridge that enables smart contract functionality for tokens like XRP and bitcoin. Paired with Firelight, Flare’s restaking layer, companies can convert XRP into FXRP and distribute it across decentralized lending, staking, and liquidity protocols.
Hugo Philion, Flare’s co-founder and CEO, emphasized the significance of this partnership, stating, “XRP, a significant asset valued at approximately $150 billion, has been a key player in digital finance for over a decade. However, institutions have had limited options to generate returns from it. Flare changes that by offering a compliant, on-chain, non-custodial yield framework tailored for corporate treasuries.”
EBZT’s decision to embrace the XRPFi framework signals a broader shift among public companies in their approach to blockchain assets. Arthur Rozenberg, CEO of EBZT, explained, “This collaboration is about unlocking the full financial potential of digital assets like XRP, transforming them from speculative holdings into yield-bearing instruments that can grow over time. Flare provides us with the infrastructure to achieve this in a manner that aligns with the governance, security, and auditability standards expected of public companies.”
While the XRPFi initiative is still in its early stages compared to treasury pilots involving bitcoin or ether, the participation of two publicly listed companies within a year underscores a new narrative for XRP. It is transitioning from a speculative asset to a yield-generating instrument, potentially paving the way for broader adoption in mainstream corporate balance sheets.
