myXRP.fi Opened Public Access to FXRP Bridge
The platform now allows public users to utilize its FXRP bridge following an institutional testing phase.
Updated on Oct. 14, 2026 in Financial Services
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The platform myXRP.fi has officially opened public access to its FXRP bridge infrastructure on the Flare C-Chain. The bridge allows users to receive myXRP at a 1:1 ratio by locking FXRP tokens into the smart contract.
Why it matters
The public launch follows an institutional phase that established a professional operating foundation for the platform. This transition marks the move from private testing to broader availability for digital asset holders.
Institutional participants deposited 8,099,291.67 XRP prior to the launch of the bridge. The infrastructure operates under a maximum issuance cap of 10,000,000 FXRP.
The players
Top Value (BVI) AM Limited
This firm serves as the primary operator of the myXRP.fi platform.
British Virgin Islands Financial Services Commission
The commission acts as the official regulatory body for the platform operator.
Comply Security
This firm conducted the independent technical review of the bridge architecture.
The details
Users can lock official FXRP in the bridge contract to mint myXRP, while redeeming the token burns the asset to return the underlying FXRP at a 1:1 ratio. The MyXRPBridge contract functions on the Flare C-Chain and underwent an independent technical review by Comply Security.
Timeline
myXRP.fi opened public access to the infrastructure on October 14, 2026.
Market Landscape
The deployment expands the ecosystem built upon the Flare C-Chain cross-chain bridge architecture. This move positions the platform to compete for liquidity by leveraging established institutional-grade security reviews.
Users can now access the bridge infrastructure to convert FXRP to myXRP tokens at a 1:1 ratio. Participants should note that redeeming tokens involves burning the myXRP asset to release the locked FXRP collateral.
The takeaway
The move from an institutional trial to public access suggests the platform is scaling its operations to a broader user base. Investors should ensure they understand the 1:1 collateralization mechanism before locking assets into the bridge contract.
Further reading
For additional context on the sector, see the Financial Services section.
More information
View the platform operator's status on the Official BVI FSC regulator register.
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