Paxos expands its institutional brokerage offerings by adding support for XRP, facilitating broader trading and custody access for enterprise partners.
Paxos has integrated XRP into its Crypto Brokerage platform, directly enabling institutional partners to provide trading and custody services for the asset. This expansion significantly lowers the barrier to entry for institutional investors, potentially increasing liquidity and demand for XRP within regulated financial frameworks.
It allows institutional partners of Paxos to offer XRP trading and custody services through a regulated brokerage platform.
Regulated stablecoin issuer Paxos has integrated XRP into its institutional crypto brokerage platform. This expansion enables institutional partners to offer trading and custody services for the asset, potentially increasing liquidity and market accessibility for Ripple's native token.
The integration allows institutional clients of Paxos to trade and hold XRP, which enhances the asset's accessibility and utility within regulated financial frameworks.