- XRPL assets can now move across multiple blockchain networks seamlessly.
- Developers gain tools for cross-chain DeFi, payments, and asset tokenization.
Ripple has announced a new partnership with Wormhole to expand multichain interoperability on the XRP Ledger (XRPL) and its upcoming XRPL EVM Sidechain.
According to Ripple, Wormhole’s infrastructure will be integrated into both the XRPL mainnet and its EVM Sidechain. This will enable cross-chain messaging, asset transfers, and multichain token issuances.
Supported assets include XRP, Issued Assets (IOUs), and Multi-Purpose Tokens (MPTs). Ripple stated that developers will be able to move these tokens across multiple blockchain ecosystems while preserving native issuance and control.
Wormhole, launched in 2020, connects over 35 blockchains and powers more than 200 applications. It has handled over $60 billion in cross-chain volume and more than 1 billion cross-chain messages.
Institutions like BlackRock, Securitize, and Apollo already use its services. Wormhole’s co-founder, Robinson Burkey, said that connecting XRPL to more networks helps remove adoption barriers in enterprise blockchain finance.
Ripple EVM Sidechain Set for Mainnet Launch
Ripple confirmed that its XRPL EVM Sidechain will go live on the mainnet in the second quarter of 2025. Built by Peersyst Technology using Cosmos SDK and evmOS, the sidechain aims to make XRPL compatible with the Ethereum Virtual Machine (EVM).
Since launching its testnet in March 2025, the sidechain has attracted over 87 contributors, including wallets, dApps, and auditing tools.
David Schwartz, Ripple CTO and XRPL co-creator, emphasized that actual adoption relies on seamless interoperability. He explained that
Tokens issued on XRPL will now move freely across networks without added risk or fragmentation.
Developers will also be able to trigger smart contract actions on external chains using Wormhole’s messaging protocol.
Ripple Advances Open Financial Infrastructure
Ripple said this collaboration supports XRPL’s open approach to financial infrastructure. With existing partnerships including Axelar, the network continues to prioritize composability and optionality. By integrating Wormhole, XRPL becomes a more flexible platform for developers creating applications across chains.
Ripple noted that demand for interoperable tokenized assets and stablecoins is growing. The ability to interact across chains helps institutions manage compliance, liquidity, and efficiency in a multichain environment. This development aligns with Ripple’s goal of positioning XRPL as a foundation for regulated digital asset ecosystems.
At the time of writing, XRP is currently priced at $2.12, reflecting a 2.65% decline over the past 24 hours.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
