XORA Launches XRP Neobank

XORA, a custodial neobank built on the $XRP Ledger, has launched a platform that lets $XRP holders earn yield on their assets and spend them using a payment card. XORA is a digital banking platform for $XRP users and has been operating since February 2026.

The service is aimed at retail $XRP holders, who have traditionally had limited options beyond simply holding the token. Users can transfer $XRP from any wallet or exchange to a personal address on the $XRP Ledger and start earning rewards automatically. At launch, the platform offers a temporary annual yield of 15% paid in $XRP, plus an estimated 7% in XORA tokens for eligible balances.

XORA also says customer funds are held in segregated custodial accounts that can be verified on-chain through $XRP Ledger explorers. The platform performs daily balance checks, uses automated risk controls, and maintains a reserve fund supported by protocol revenue. The company notes that it is not a licensed bank and customer balances are not protected by government deposit insurance.

In the future, XORA plans to expand into a broader neobank ecosystem. The native XORA token will provide additional benefits, including premium cards, travel rewards, governance features, concierge banking services, and other financial products.

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