Paxos Crypto Brokerage adds XRP trading and custody for institutional partners

PARTNERSHIPPaxos Crypto Brokerage addsXRP trading and custody forinstitutional partners22IMPORTANCECLOSED3NEWS MEDIA3PIECESOct 7, 2026 14:51blockboard.net

Paxos added XRP to its Crypto Brokerage platform for institutional partners, extending support to trading and custody through APIs on the XRP Ledger. The rollout also lets partners offer XRP buying, selling, holding, deposits, withdrawals, and transfers through Paxos infrastructure. Paxos described XRP as a token held across more than 8.1 million wallets.

What this rests on

Claim by claim, with its source
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Paxos added XRP to its Crypto Brokerage platform for institutional partners.
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The brokerage platform supports XRP trading, custody, and transfers through APIs on the XRP Ledger.
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Partners can use Paxos infrastructure to offer XRP buying, selling, holding, deposits, and withdrawals.
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Paxos said XRP is held across more than 8.1 million wallets.

What it means

Who it affects, what changes and what is still unconfirmed

Each sentence links inside to the piece that supports it.

Institutional partners using Paxos now have access to XRP trading, custody, and transfer functions on the brokerage platform, so those services are available through a regulated infrastructure rather than only outside it. For users who reach XRP through those partners, the change is visible in the available product set tomorrow morning, while the underlying asset and ledger stay the same. This follows from the platform update described in the brokerage coverage.

In practice, partner businesses can now offer XRP buying, selling, custody, deposits, and withdrawals through Paxos infrastructure, which means those actions are listed as supported functions on the brokerage setup. What does not change is that the access runs through partners and APIs on the XRP Ledger, rather than replacing those channels. That distinction is spelled out in the platform description.

Market reaction

XR XRP it is the asset of the company or protocol in the event from 2 h before to 4 h after the line marks the first headline
published
-0.69 % before publication
-0.70 % after
$1price at publication
12series points

How the story was built

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 7 14:49
+2 h 39 m
Oct 7 17:29
crypto.news context
Its angle: withdrawing, depositing, transfers; with quotes
+1 d 6 h
Oct 8 21:00
AMBCrypto context
Its angle: regulated, adoption, expands

Has this happened before?

WhenWhat happenedFigure
10 days ago Ripple (XRP) Scores Another Major Wall Street Win With Brevan Howard event 1 actors in common · 16 news media
17 days ago Brazil’s CSD BR partners with Ripple to mirror securities records on XRP Ledger event 1 actors in common · 16 news media