Assets in the real world (RWA) Focused project Midas and Interop Labs revealed MXRP, an attempt to channel sleeping XRP supply to dividend-bearing structures, could deliver the return as high as 8%.
Advertised on the XRPL Seoul 2025 on Monday and beaten as the first fluid set-up product tied directly to the XRP ecosystem, the product is characterized by XRPLS EVM through revised contracts. XRP is overbreaked and wrapped under Midas’ tokenized certificate frame.
MXRP can be used as a structured vehicle that users can slot in existing decentral funding (Defi) Infrastructure, with early strategies, including marketing and liquidity supply.
Targeted net returns are set in the range 6% -8%, with results fluctuating depending on the underlying strategy benefit.
“Much of the XRP supply has been sleeping for years; MXRP provides a transparent mechanism for users to access on-chain strategies,” said Dennis Dinkelmeyer, co-founder and CEO of Midas. “With a strong demand for society and defi integrations, we believe that MXRP can play a key role in locking new use cases for XRP.”
The MXRP token is fully integrated into the XRPL EVM ecosystem at launch and can be implemented across defi protocols, such as lending markets and native integrations, to access additional options.
