The Digital Asset Treasury Company, Everything Blockchain Inc., will be the second listed entity that has adopted an XRP-yield structure created by Flare. As a Layer-1 network aimed at Decentralized Interoperability (Defi), Flare is aimed at expanding institutional acceptance for XRP.
A press release sent to Cryptopotato revealed that everything has introduced blockchain a memorandum of understanding (MOU) to take over the XRP Defi (XRPFI) framework from Flare. This development comes after the Nasdaq-raised energy solutions supplier Vivopower International $ 100 million have committed XRP to the flare ecosystem.
Everything Blockchain embraces Flare’s XRPFI
According to Flare, the XRPFI strategy will enable everything blockchain to use XRP in a conformity way and at the same time earn yield. Flare uses all its smart contract infrastructure to unlock revenue-generating opportunities for other traditional non-return assets.
Flare’s Institutional XRPFI framework will propel the rise of the coin as a standard for the yield of the Bedrijfschat. This helps to set up XRP as a productive treasury tool, with solid institutional participation.
“XRP, now an approximately $ 150 billion assets, has been a cornerstone of digital financing for more than ten years, but institutions have had few ways to make it productive. Flare is changing it by making a conforming, on-chain, non-custodial return framework that is designed for business treasuries.
With Vivopower and now everything blockchain, public companies validate that XRPFI is not only a concept, but an emerging institutional standard, “said Flare’s co-founder and CEO, Hugo Philion.
From passive retention to yield
Everything Blockchain will shift from holding XRP as a passive asset to a conforming, revenue strategy. Such a development could influence how public companies approach the participation of blockchain.
Flare says it is ready to pioneer this shift through its confidential bridging system, fassets and decentralized restricting low flim light. With the two protocols, everything can convert blockchain XRP to the Flare-Native FXRP and assign it to loans, deployment and liquidity protocols.
“This is about unlocking the true financial utility of digital assets such as XRP, not only as speculative companies, but as a yield -bearing instruments that can compile over time. Flare gives us the rails to do this in a way that meets the Governance, Security and Auditability Standards of all -outs.”
