Paxos Crypto Brokerage adds XRP trading and custody for institutional partners

Paxos has added XRP to its Crypto Brokerage platform. Financial institutions that partner with the company can now trade and use the token through Paxos’ regulated infrastructure. The integration took effect on October 7, 2026. For a token that has been around since 2012, the institutional on-ramp keeps getting wider, one regulated door at a time. What Paxos is actually offering The move gives Paxos’ financial partners a compliant route into one of the most widely held digital assets on the market. Documentation on the Paxos website confirms XRP will be available for both trading and custody. XRP is no niche token. It carried a market capitalization of nearly $95 billion at the time of the announcement and is held in over 8.1 million wallets. Those figures help explain the choice. Paxos has said it is focused on high-demand assets, and a token with that kind of footprint fits the brief. A roster that has more than doubled XRP is one piece of a larger expansion. Paxos started 2026 supporting 12 assets on its brokerage platform. That roster has since grown to somewhere between 25 and 29 assets. The company has framed the growth as selective rather than sprawling. Paxos has been picki...