HONG KONG — 18 Dec 2025 — Hex Trust, a fully regulated provider of institutional digital asset custody, staking, and market services, and LayerZero, the leading interoperability protocol, today announced a strategic partnership to bring institutional-grade asset expansion services to the multichain ecosystem.
This collaboration establishes a compliant, standardised infrastructure enabling blockchain foundations and token issuers to extend their assets across multiple networks without introducing liquidity fragmentation, bridging risk, or operational complexity.
A Standardised Institutional Framework for Multichain Asset Deployment
Under the partnership, Hex Trust will issue expansion assets using the OFT Standard, ensuring a single canonical supply across supported chains. These assets remain fully backed 1:1 by the underlying token, safeguarded within Hex Trust’s regulated custody environment.
The collaboration provides institutional issuers with:
First Deployment: wXRP
The partnership launches with wXRP, a representation of XRP issued as an OFT. wXRP extends XRP’s interoperability and institutional accessibility across multiple chains, initially including Solana, Ethereum, HyperEVM, and Optimism.
With $100M TVL at launch, wXRP will make it easier for XRP holders to use XRP alongside Ripple USD (RLUSD), a regulated U.S. dollar–backed stablecoin, as a trading and liquidity pair on supported chains.
This deployment demonstrates how major token issuers can scale multichain liquidity and programmability under a compliant framework without relying on ad hoc bridges or fragmented liquidity models.
“Token issuers and foundations need a compliant way to expand liquidity across chains without fragmenting supply or introducing bridging risk. By integrating LayerZero’s OFT Standard into our regulated custody and issuance stack, we can issue assets to more than 150 blockchains while delivering a scalable, governance-aligned infrastructure for the next generation of institutional digital assets,” says Giorgia Pellizzari, CPO & Head of Custody at Hex Trust.
“Institutions require predictable, secure, and standardised infrastructure to operate across chains. Hex Trust’s regulated custody framework, combined with our OFT Standard, delivers exactly that: An institutional-grade foundation for omnichain asset issuance,” commented Simon Baksys, Vice President of Business Development at LayerZero.
Looking Ahead
Hex Trust and LayerZero Labs will continue to expand their collaboration, enabling additional tokens and chains to adopt their institutional deployment framework. Issuers, foundations, sovereign entities, and fund managers are invited to engage with Hex Trust to explore expanding their native assets using this standardised, compliant multichain infrastructure.
About Hex Trust
Established in 2018, Hex Trust offers regulated institutional digital asset custody, staking and markets services to builders, investors and service providers. Get access to our comprehensive, secure and regulated suite of services built on our fully integrated infrastructure.
For more information, visit hextrust.com or follow Hex Trust on LinkedIn, X and Telegram.
About LayerZero
LayerZero is the leading interoperability protocol enabling seamless messaging and asset transfer across blockchains. Its Omnichain Fungible Token (OFT) Standard is widely adopted to unify liquidity and eliminate cross-chain fragmentation.
