Paxos has added XRP to its Crypto Brokerage platform, enabling financial institutions partnering with the company to trade and hold the token through regulated infrastructure. The integration became available on October 7, 2026.
XRP carries a market capitalization of nearly $95 billion and is held across more than 8.1 million wallets, making it one of the most widely held digital assets. The addition reflects Paxos' focus on high-demand assets with significant institutional interest.
Expansion of Asset Roster
XRP joins a growing list of assets supported on the platform. Paxos started 2026 with 12 assets on its brokerage service and has since expanded to between 25 and 29 assets. The company has characterized this growth as selective, prioritizing Level 1 assets that meet its compliance standards.
As a national trust bank regulated by the Office of the Comptroller of the Currency, Paxos operates under strict federal oversight that governs which assets it can offer.
Institutional Access and Compliance
While XRP trades on numerous retail exchanges, Paxos provides something distinct: a regulated wrapper around the asset. Financial institutions seeking to offer cryptocurrency exposure to their customers face significant regulatory and infrastructure hurdles. Paxos allows partners to offer XRP without building separate infrastructure or contracting with multiple providers.
Market Implications
The integration may signal growing acceptance of prominent digital assets within traditional financial services. It could also expand XRP access to retail investors who prefer regulated channels through institutional partners.
