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XRP news: Ripple expands custody services to Ethereum and Solana staking. * Ripple has partnered with Figment to provide Ethereum and Solana staking services. * The firm noted that this is a way for institutions to offer their clients staking rewards across several blockchains. * This follows the firm's announcement last week in which its prime brokerage added support for Hyperliquid. Ripple, the largest XRP holder, has announced a partnership with Figment, which would see it expand its custody services to include Ethereum and Solana staking. This development comes as the crypto firm continues to expand its services beyond the XRP ecosystem, with its prime brokerage recently announcing support for Hyperliquid to provide institutions with access to DeFi. XRP news: Ripple adds Ethereum and Solana staking to custody services. In a press release, Ripple announced a partnership with Figment to offer staking capabilities to its Custody clients, as it seeks to further expand its institutional product offerings. The firm noted that through this collaboration, banks, custodians, and regulated enterprises will be able to offer staking for proof-of-stake networks, including Ethereum and Solana, without building validator infrastructure or compromising operational controls. Ripple further noted that by offering staking for the top layer-1 networks as part of its custody workflows, institutions can now expand services while maintaining the "same security, governance, and compliance standards expected of enterprise-grade custody." Commenting on this move, Aaron Slettehaugh, SVP of Product at Ripple, noted that institutions need cohesive systems to make the most of digital asset capabilities. "By bringing best-in-class security, compliance, and staking to Ripple Custody customers, we're removing the friction of managing complex tech stacks and enabling our customers to go live faster and scale with confidence," he added. This move comes just a week after Ripple announced that its prime brokerage platform, Ripple Prime, had added support for Hyperliquid, marking the first DeFi venue it was integrating onto its platform. The firm noted that this will enable institutional access to on-chain derivatives liquidity. Focus turns to Community Day. Amid this latest development, the XRP community is turning its attention to the 'XRP Community' Day, which holds this week. Ripple announced that the event will take place on February 11 and 12 and will include discussions on XRP's utility and future. According to the firm, the sessions will cover regulated XRP products, such as ETFs and ETPs. XRP Innovation Spotlights, wrapped XRP, and new features that expand the token's utility. As CoinGape reported, Flare Network recently introduced modular lending for the altcoin, a move that expands its DeFi utility in relation to lending and borrowing. Meanwhile, speakers for the Community Day include Ripple's executives Brad Garlinghouse, Monica Long, and Stuart Alderoty, as well as former Chief Technology Officer (CTO) David Schwartz. Furthermore, there will be ecosystem partners across EMEA, the Americas, and APAC, who will also speak during the event. Notably, one of the discussions will center around how XRP and stablecoins complement each other. This aligns with the roadmap, which Ripple recently unveiled for institutional DeFi on the XRP Ledger (XRPL), in which the firm noted that the altcoin serves as an auto-bridge for FX and remittance transactions, enabling traders to settle between stablecoins and other tokens.

Figment and OpenTrade launch new stablecoin yield product. The new product pools Solana staking rewards and futures hedging to offer stablecoin investors higher returns with institutional-grade security. Key takeaways. * Figment and OpenTrade launched a stablecoin yield product offering 15% APR on stablecoins, with Crypto.com serving as custodian. * Yield is generated by staking Solana (SOL) and using perpetual SOL futures, delivering returns more than double traditional SOL staking. A new stablecoin yield product from Figment and OpenTrade seeks to deliver 15% APR by combining staking rewards with hedging strategies. According to a Monday announcement, leading staking provider Figment has teamed up with OpenTrade, a lending and yield infrastructure solution backed by a16z Crypto and Circle, to roll out OpenTrade Stablecoin Staking Yield Powered by Figment, with Crypto.com serving as custodian. The product, targeting an average 15% APR by combining Solana staking returns with hedged futures positions, offers institutional custody, flexible deposits and withdrawals, and enhanced protection for investor assets, as noted by the companies. "We're bringing our battle-tested infrastructure and security mindset to stablecoins to offer customers exceptional yield opportunities with the peace of mind of an institutional service," said Andy Cronk, co-founder of Figment. The product is powered by a dedicated Figment-run validator combined with OpenTrade's institution-grade stablecoin yield infrastructure. Crypto.com and OpenTrade have an agreement that enables SOL tokens to be custodied in a segregated account, over which investors are granted a security interest. Assets are segregated from the assets of the exchange and other entities. Discussing the launch, Jeff Handler, OpenTrade's co-founder, said that rising stablecoin adoption and demand for yield solutions across exchanges, wallets, and fintechs have driven the company to collaborate with Figment on a new stablecoin yield product. "Through our partnership, any company with stablecoins can access a new category of yield options which offer a combination of market leading returns and strong protections, which together cannot be accessed across either solely RWA or DeFi investment strategies," Handler noted. "We have purpose built our platform in order to serve the needs of all traders today and tomorrow," said Karl Turner, Director at Crypto.com. "We are proud to support Figment, a true leader in staking capabilities, in enabling a staking stablecoin offering that clients are increasingly looking for in the digital asset investment landscape." Customers can deposit stablecoins via Figment's app into the OpenTrade vault to begin earning interest immediately and withdraw any stablecoin amount at any time.

Figment, OpenTrade and Crypto.com offer 15% stablecoin yield product for institutions. The new offering uses SOL staking and futures to deliver returns without price exposure, targeting compliance-minded investors. What to know: * Figment, OpenTrade, and Crypto.com are offering a stablecoin yield product targeting institutions seeking returns without direct crypto exposure. * The structure earns around 15% annually by staking SOL and using perpetual futures to neutralize price volatility. * Assets are held in segregated custody by Crypto.com, aiming to meet compliance standards and reduce counterparty risk. Figment, a major staking infrastructure provider with $18 billion in assets under stake, is partnering with OpenTrade and Crypto.com to offer a new yield product aimed at institutional investors looking for returns on stablecoins. The product offers roughly 15% annual returns, based on past performance, by staking Solana SOL$130.48 and using perpetual futures to offset the price volatility of the token. Investors deposit stablecoins and receive interest without being directly exposed to the price of SOL. The staked assets are custodied by Crypto.com in legally segregated accounts. While staking has typically required exposure to the price of the token being staked, this structure separates the yield from the asset's volatility. For example, an institution holding USDC can earn a return similar to SOL staking - usually around 6.5% to 7.5% - while avoiding the risk of price swings. The additional return comes from managing futures positions that neutralize price movements. This approach is different from typical DeFi lending, which often involves counterparty risk and less transparency. Figment and OpenTrade say the product gives institutions the ability to earn yield while interacting only with known entities and within a legal framework not usually available in on-chain markets. Crypto.com's custody arrangement includes security interest provisions and keeps assets separate from the company's own balance sheet - a feature often required by institutional compliance standards. The product is accessible through Figment's platform and application programming interfaces (APIs). Stablecoins can be deposited and withdrawn at any time, with interest accruing from the moment of deposit. While the structure may not appeal to retail users familiar with decentralized finance, it reflects a shift toward more controlled, predictable yield strategies in crypto markets. AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by its editorial team to ensure accuracy and adherence to its standards. For more information, see CoinDesk's full AI Policy. Commissioned by GoPlus * As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. * GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. * Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B. * Bitcoin fell to a fresh six-month low below $93,000, erasing all its 2025 gains and now 27% off from its October record high. * Stronger-than-expected economic data further diluted Fed rate cut expectations. * Bitfinex analysts see a local bottom forming soon as short-term holders capitulate.