[Hex Trust to Issue and Custody wXRP with TVL Exceeding $100 Million] Hex Trust plans to issue and custody wXRP, a token pegged 1:1 to XRP, aiming to expand the asset's use in DeFi and cross-chain scenarios. This token will break the limitation of XRP being restricted to circulation within the XRP Ledger, forming trading pairs with RLUSD, Ripple's stablecoin already launched on public chains like Ethereum. Authorized merchants can mint and redeem wXRP, fully backed by native XRP, in a compliant environment, while users can earn yields through partnered DeFi platforms. Upon launch, wXRP's total value locked (TVL) will exceed $100 million, providing an initial liquidity foundation and ensuring price stability for the token.