Doppler Finance teams up with Hex Trust to enhance wXRP and Multi-Chain XRP applications.

March 5, 2026

Doppler Finance and Hex Trust have recently announced a strategic partnership aimed at expanding the use cases for Wrapped XRP (wXRP) and supporting the development of XRP-based financial infrastructure across various blockchain ecosystems. The collaboration between the two entities will focus on integrating wXRP into Doppler’s rewards system and enhancing the design of XRP-linked products that can extend beyond the XRP Ledger.

One of the primary objectives of this partnership is to enable the creation of wXRP-based structures, such as rewards-centric vaults, with a strong emphasis on custody integrity, transparency, and risk management. Hex Trust, as an institutional digital asset financial institution, will bring its expertise in institutional custody and infrastructure to ensure that wXRP-related products adhere to regulated custody standards suitable for institutional investors.

Moreover, the partnership seeks to promote the liquidity of XRP across different blockchain networks in a scalable and interoperable manner. By integrating Doppler Finance’s XRPL-native rewards infrastructure with Hex Trust’s global custody platform, the partnership aims to facilitate multi-chain utilization of XRP and provide access to XRP-linked rewards opportunities in evolving blockchain environments.

Rox, Head of Institutions at Doppler Finance, highlighted the significance of the partnership in diversifying the utility of XRP across multiple ecosystems, stating that the collaboration with Hex Trust will enable the development of institutional-grade products based on wXRP. Giorgia Pellizzari, CPO & Head of Custody at Hex Trust, emphasized the importance of transitioning the XRP ecosystem from speculative to institutional-grade utility through regulated custody solutions and interoperable infrastructure.

Overall, this partnership represents a significant step towards expanding the utility of XRP beyond a single-chain context and positioning it as a multi-chain asset ready for institutional adoption. By combining wrapped asset design with regulated custody and rewards infrastructure, Doppler Finance and Hex Trust aim to contribute to a more connected, scalable, and resilient XRP ecosystem that can cater to the needs of institutional investors and service providers.