May 24, 2025 – Xp.finance, a decentralized lending and borrowing protocol built on the XRP Ledger (XRPL), has announced the successful closure of a $200,000 seed funding round. This investment will fuel the development and launch of its non-custodial lending platform, bringing innovative DeFi services to the XRP ecosystem.
Xp.finance aims to empower XRP holders by enabling them to earn yield on their assets while maintaining full control. The platform leverages the XRPL's inherent advantages, such as fast transaction speeds and low fees, to offer a secure and transparent DeFi experience.
Key Features of Xp.finance:
- Non-Custodial: Users retain full custody of their assets throughout the lending and borrowing process.
- Over-Collateralized Loans: Loans are secured by collateral, mitigating risk for lenders.
- Yield Generation: XRP holders can earn passive income by lending their assets.
- Governance by $XPF Token: The platform's native token, $XPF, grants holders governance rights, reduced borrowing costs, and staking rewards.
- Built on XRPL: Leverages the speed, security, and low transaction fees of the XRP Ledger.
- Decentralized and Transparent: All operations are transparent and governed by smart contracts.
The seed funding will be crucial for expanding the Xp.finance team, finalizing platform development, and launching marketing initiatives to reach a wider audience within the XRP community. The company is committed to building a thriving DeFi ecosystem on the XRPL and providing users with a seamless and secure lending experience.
"We are thrilled to secure this funding, which will enable us to bring our vision of a truly decentralized lending platform to life," said representative from Xp.finance. "We believe that Xp.finance has the potential to unlock significant value for XRP holders and contribute to the growth of the DeFi space on the XRPL."
About Xp.finance:
Xp.finance is a non-custodial lending and borrowing protocol built on the XRP Ledger. It offers XRP holders a secure and transparent way to earn yield on their assets while maintaining full control. The platform is governed by the $XPF token and leverages the XRPL's speed and efficiency.
About XRP Ledger (XRPL):
The XRP Ledger is a decentralized, public blockchain known for its fast transaction speeds, low fees, and scalability. It is designed for payments and offers a robust and secure environment for building DeFi applications.
Compiled by CMO Intern team
Contact CMO Intern:
Follow and connect with us on:👉 LinkedIn | Facebook | Twitter (X) | Substack |