coindesk.com
$XRP’s slow push into institutional finance just picked up another backer.
Data-focused blockchain firm Flare announced on Friday that Everything Blockchain Inc. (OTC: EBZT), a U.S.-listed company, has signed a memorandum of understanding to adopt its $XRP finance (XRPFi) framework for corporate treasury yield.
The move comes months after Nasdaq-listed VivoPower International PLC (NASDAQ: VVPR) committed $100 million in $XRP to Flare’s ecosystem, making EBZT only the second public company to do so.
The agreements mark early steps in Flare’s effort to turn $XRP — historically a non-yielding asset — into a productive instrument for institutions.
At the center of the framework is Flare’s “FAssets” system, a trustless bridge that gives smart contract functionality to tokens like $XRP and bitcoin. Combined with Firelight, Flare’s restaking layer, the setup lets companies convert $XRP into FXRP and allocate it across decentralized lending, staking and liquidity protocols.
“$XRP, now a roughly $150 billion asset, has been a cornerstone of digital finance for more than a decade, yet institutions have had few ways to make it productive,” said Hugo Philion, Flare’s co-founder and CEO.
“Flare changes that by enabling a compliant, on-chain, non-custodial yield framework designed for corporate treasuries. With VivoPower and now Everything Blockchain, public companies are validating that XRPFi is not just a concept but an emerging institutional standard,” he added.
EBZT framed its decision as part of a broader shift in how public companies treat blockchain assets.
“This is about unlocking the true financial utility of digital assets like $XRP, not just as speculative holdings, but as yield-bearing instruments that can compound over time,” said Arthur Rozenberg, the company’s CEO. “Flare gives us the rails to do this in a way that meets the governance, security, and auditability standards required of public companies.”
For now, the XRPFi push remains small in dollar terms relative to bitcoin or ether-based treasury pilots.
But two listed companies publicly adopting the model in under a year gives $XRP a new narrative: less about speculation, more about yield, and potentially a step toward more mainstream corporate balance sheets.