Tokenization platform Midas has partnered with blockchain interoperability protocol Axelar (AXL) and launched a tokenized XRP product, mXRP, which they describe as the first of its kind, The Block 0 is seen as a great opportunity for XRP investors, as it is stated that it will offer XRP holders returns of up to 8%. At this point, it was stated that the product is currently targeting a base return of 6-8% paid in 1 to the statement, users can mint mXRP by depositing their XRP collateral into a tokenized structure that tracks the performance of their underlying return 2 can also be used in DeFi protocols to generate additional returns beyond its underlying 3 co-founder and CEO Dennis Dinkelmeyer said: “A large portion of the XRP supply has been dormant for years; mXRP provides a transparent mechanism for users to access on-chain 4 strong community demand and DeFi integrations, we believe mXRP can play a key role in unlocking new use cases for XRP.” Axelar co-founder Georgios Vlachos said, “Axelar will connect mXRP to every major ecosystem where DeFi opportunities exist, where users can deposit mXRP and earn additional returns on top of mXRP’s base 5 combining returns from all available sources, mXRP will always be the highest-yielding XRP asset on the market.” Vlachos, for example, said that if mXRP’s assets under management reach $10 billion by June 2026, it could generate $700 million in annual revenue at a 7% return, creating an additional $700 million in annual buying pressure for XRP. *This is not investment 6 Reading: Attention XRP Investors!
A New, First-of-its-Kind XRP Product Has Been Launched! "Great Opportunity!"
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