Paxos Adds XRP Trading and Custody for Institutional Partners

Paxos has integrated XRP into its Crypto Brokerage platform, enabling institutional partners to trade and custody the digital asset through the company’s regulated infrastructure. The integration officially took effect on October 7, 2026.

Paxos operates as a national trust bank under the oversight of the Office of the Comptroller of the Currency, providing a compliant pathway for financial institutions seeking to offer digital assets. This integration allows Paxos’ partners to gain exposure to XRP without the need to build separate infrastructure or engage additional providers for the token.

XRP, first introduced in 2012, held a market capitalization of nearly $95 billion and was held in over 8.1 million wallets at the time of the announcement. The addition of XRP to Paxos’ platform signals a growing acceptance of prominent digital assets within traditional financial services.

Paxos has been strategically expanding its crypto brokerage offerings, focusing on high-demand assets. The platform supported 12 assets at the start of 2026 and has since grown to include between 25 and 29 supported assets. Paxos has stated that each new asset addition must clear a rigorous compliance bar, aligning with its regulatory status.

This expansion directly benefits Paxos’ financial institution partners by offering a regulated route to provide XRP exposure. The move may also indirectly attract retail investors who prefer regulated environments, accessing them through the institutions that partner with Paxos.

Why This Matters

The materials describe a narrow update: Paxos has integrated XRP into its Crypto Brokerage platform, allowing institutional partners to trade and custody the token through Paxos’ regulated infrastructure. The exact number of assets supported on Paxos’ brokerage platform is between 25 and 29.

Broader Context

Source materials place the factual news in this context: Paxos operates as a national trust bank under the oversight of the Office of the Comptroller of the Currency, the US regulator that charters and supervises national banks.