Paxos Crypto Brokerage Adds XRP to Its Regulated Platform
Paxos has added XRP to its regulated crypto brokerage platform, making the asset available to institutional and fintech partners through one of the most compliance-focused infrastructure providers in the industry. XRP currently circulates across 8.1 million wallets and carries a market cap of approximately $95 billion.
Paxos, a regulated blockchain infrastructure and brokerage platform trusted by major financial institutions, has added support for XRP. The integration means that Paxos partners, which include some of the largest names in traditional finance, can now offer XRP through the same compliance-grade rails used for other supported digital assets.
XRP has been in circulation since 2020 according to the Paxos platform data referenced in reporting, and the asset is currently held across 8.1 million wallets with a market capitalization of approximately $95 billion at the time of the announcement.
Paxos operates under regulatory oversight and its brokerage offering is specifically designed for institutional and fintech partners seeking compliant crypto exposure. The addition of XRP to this platform expands the asset's reach into regulated distribution channels, which is considered a meaningful step for institutional accessibility.
The move follows a broader trend of regulated infrastructure providers adding XRP following the resolution of the primary elements of Ripple's legal dispute with the SEC, which removed a major barrier to institutional onboarding.
Key facts
- •Paxos crypto brokerage now supports XRP
- •XRP has been in circulation since 2020 per Paxos platform data
- •XRP held across 8.1 million wallets at time of announcement
- •XRP market cap approximately $95 billion at time of report
- •Paxos serves major financial institution partners through its regulated platform