Paxos Crypto Brokerage adds XRP support for institutional partners
Paxos has expanded its regulated crypto brokerage platform to support XRP, allowing institutional clients to offer trading, custody, deposits, and withdrawals.
Paxos has added XRP to its regulated crypto brokerage platform, expanding the asset offerings available to its financial partners, according to reports from Crypto Briefing, CoinDesk, and Cointelegraph. The integration enables institutional partners to support XRP trading, custody, deposits, and withdrawals.[2][4][5][6]
BSC News reported that the addition allows Paxos's institutional banking partners, international fintech firms, and commercial brokerages to trade and settle using the token, which is held across more than 8.1 million on-chain addresses. Crypto commentator That Martini Guy noted that Paxos already supplies cryptocurrency infrastructure for major financial platforms, including PayPal, Venmo, Interactive Brokers, and Charles Schwab.[1][3]
Crypto Briefing stated that adding institutional XRP support could help bridge traditional finance and digital assets, while potentially strengthening cryptocurrency market liquidity, stability, and broader acceptance.[6]
Key facts
- Paxos added XRP to its regulated crypto brokerage platform.
- The integration enables institutional partners to offer XRP trading, custody, deposits, and withdrawals.
- Institutional banking partners, international fintechs, and commercial brokerages using Paxos can trade and settle in XRP.
- BSC News reported that XRP is held by more than 8.1 million on-chain addresses.
- Paxos provides crypto infrastructure to platforms including PayPal, Venmo, Interactive Brokers, and Charles Schwab.
- Crypto Briefing suggested the integration could bridge traditional finance and digital assets while supporting market liquidity and stability.
Sources · 6 sources
- BS
BSCN@BSCNewsPost on X ·
Paxos Crypto Brokerage Adopts XRP @Paxos introduces $XRP support into its institutional crypto brokerage and custodial services. Now, its institutional banking partners, international fintechs, and commercial brokerages can trade and settle in the asset. This inclusion will provide institutional-level market access to the widely used asset, which is held by more than 8.1M on-chain addresses.
Open source - CO
Cointelegraph@CointelegraphPost on X ·
⚡️ NEW: Paxos has added XRP to its Crypto Brokerage platform, enabling partners to offer trading, custody, deposits and withdrawals. https://t.co/peH6AgEmDW
Open source - TM
That Martini Guy ₿@MartiniGuyYTPost on X ·
Paxos has officially added XRP to its Crypto Brokerage platform Partners can now offer customers XRP buying, selling, custody, deposits and withdrawals via Paxos Paxos already provides crypto infrastructure to major financial platforms, such as PayPal, Venmo, Interactive Brokers and Charles Schwab
Open source - CO
CoinDesk@CoinDeskPost on X ·
JUST IN: @Paxos adds $XRP to its regulated crypto brokerage platform. https://t.co/UDgBYHSEHE
Open source - CB
Crypto Briefing@Crypto_BriefingPost on X ·
⚡️TODAY: Paxos Crypto Brokerage now supports ripple:native, expanding its regulated crypto offering for financial partners. https://t.co/u9GZtnvEb5
Open source - CB
Crypto BriefingArticle ·
Paxos Crypto Brokerage adds XRP trading and custody for institutional partners Paxos' XRP integration for institutions may enhance crypto market liquidity, stability, and acceptance, bridging traditional finance and digital assets. The post Paxos Crypto Brokerage adds XRP trading and custody for institutional partners appeared first on Crypto Briefing .
Open source