Please enter CoinGecko Free Api Key to get this plugin works.
Please enter CoinGecko Free Api Key to get this plugin works.
HomeCrypto NewsRipple Integrates Wormhole With XRP Ledger to Power Institutional Multichain Moves

Ripple Integrates Wormhole With XRP Ledger to Power Institutional Multichain Moves

-

Spread the love

Ripple is pushing deeper into multichain interoperability with the integration of Wormhole, a leading cross-chain messaging protocol, with the XRP Ledger (XRPL) and its EVM-compatible sidechain.

The move, announced Thursday, aims to support institutional demand for seamless movement of crypto assets, including stablecoins and tokenized real-world assets, across multiple blockchain networks, without added friction or fragmentation.

jwp-player-placeholder

Wormhole’s integration unlocks the ability to transfer the blockchain’s native token XRP

, issued assets and multi-purpose tokens across more than 35 supported chains, including Ethereum , Solana and Avalanche .

Developers can also initiate cross-chain smart contract interactions using Wormhole’s messaging infrastructure. Ripple says the upgrade will help developers and institutions build multichain applications that prioritize compliance, low cost, and fast settlement.

“If you want real mass adoption, interoperability is essential. The infrastructure has to be there, not just on one chain, but across them,” said David Schwartz, the CTO of Ripple, in a press release shared with CoinDesk. “With this integration, tokens natively issued on the XRP Ledger are being set up for that reality by being able to move between blockchain networks while maintaining native issuance, and control.”

The development comes as the XRP Ledger increasingly positions itself as a hub for institutions and tokenized real-world assets such as real estate. For example, Dubai’s first real estate tokenization platform was built on XRPL, which allows qualified investors to buy fractional shares in apartments and tokenizes title deeds on the network.

Ripple, a payments-focused blockchain development firm with close ties to XRPL, also issues its own regulated stablecoin Ripple USD {{RLUSD}}. The token has a $400 million supply across XRP and Ethereum chains, rwa.xyz data shows.

Read more: XRP Ledger’s Ethereum-Compatible Sidechain to Go Live in Q2

LATEST POSTS

Ethereum (ETH) Drops 3.3% Despite Growing Treasury Demand From Institutional Players

The Ether price came under renewed pressure on July 1, falling to $2,418.39 after a day of steady losses, according to CoinDesk Research's technical...

Hyperliquid (HYPE) Price Prediction: Tightening Supply Could Fuel a Massive Breakout Towards $100

Hyperliquid remains resilient, holding key support levels, eyeing a potential breakout toward $45 and beyond, fueled by a tightening supply crunch. HYPE Hyperliquid price is holding...

M3GAN 2.0 – The Meme Queen of AI Goes Full Crypto-Terminator

Forget Skynet. Forget GPT. The most terrifying — and now possibly heroic — artificial intelligence of our age is still wearing a ballet dress and...

Trump Meme Coin News: Bondi Defends Trump as Lawmakers Clash Over Crypto Influence and Foreign Ties

In a heated exchange on Capitol Hill, Attorney General Pam Bondi and Senator Jeff Merkley (D-Ore.) clashed over President Donald Trump’s growing footprint in the...

Most Popular