PANews
PANews|Aug 30, 2025 00:32
[Flare and Everything Blockchain Sign Cooperation Agreement to Promote XRPFi Framework for Enterprise Treasury Yield] According to Coindesk, blockchain company Flare, which focuses on data, has signed a memorandum of understanding with U.S.-listed company Everything Blockchain Inc. (OTC: EBZT) to adopt its XRP finance (XRPFi) framework for enterprise bond yields. At the core of this framework is Flare's 'FAssets' system, a trustless bridge that provides smart contract functionality for tokens like XRP and Bitcoin. Combined with Flare's re-collateralization layer, Firelight, the system allows enterprises to convert XRP into FXRP and allocate it across decentralized lending, collateralization, and liquidity protocols. A few months ago, Nasdaq-listed company VivoPower International PLC (NASDAQ: VVPR) committed $100 million worth of XRP to the Flare ecosystem, making EBZT the second listed company to do so.
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