TopValue Opens Public Access to FXRP Infrastructure on Flare After 8.1 Million XRP Institutional Phase
Key Takeaways
- •TopValue opened public access to its FXRP infrastructure on Flare after a closed institutional phase in which three professional participants recorded a combined 8,099,291.67 XRP.
- •The largest institutional position holds 5,306,820.33 XRP, roughly 65.5% of the aggregate book, while the other two positions total 1,426,950.09 and 1,365,521.25 XRP respectively.
- •MyXRPBridge on Flare C-Chain exchanges official FXRP and myXRP at a fixed 1:1 ratio, with issuance capped at 10,000,000 FXRP and no owner, administrator, operator key, privileged withdrawal function, or upgrade path.
- •The custodial route supports more than 200 listed assets across 25 network environments, with principal held in the original asset and variable XRP credits that are not guaranteed.
- •The platform is operated by Top Value (BVI) AM Limited, which the British Virgin Islands Financial Services Commission lists as a regulated virtual asset service provider and custody provider.

Road Town, Tortola, British Virgin Islands, November 4th, 2026, Chainwire
TopValue has opened public access to its FXRP infrastructure on Flare, concluding a closed institutional phase in which three professional participants recorded a combined 8,099,291.67 XRP. The platform pairs a fixed 1:1 FXRP bridge with a separate custodial route that supports more than 200 listed digital assets across 25 network environments. Of the two routes, the published institutional figures relate to the custodial framework, while the on-chain bridge route is designed for holders of official FXRP.
An 8.1 Million XRP Institutional Book
Prior to the public launch, the custodial framework was accessible only to three professional participants recorded in the project's institutional records. The largest position accounts for 5,306,820.33 XRP, approximately 65.5% of the institutional book, while the two remaining positions total 1,426,950.09 XRP and 1,365,521.25 XRP respectively, bringing the aggregate to 8,099,291.67 XRP.
The participants represent financial centers in Asia and Europe. Project records show that the largest position was built using USDT, ETH, and USDC, converted into XRP at documented market values.
These disclosures give readers a documented opening snapshot of custodial participation, including a concentration of roughly two-thirds of the aggregate in a single position.
The institutional phase provided TopValue with a professional operating foundation before the infrastructure opened to a broader audience.
A Fixed 1:1 FXRP Bridge
The on-chain route exchanges official FXRP and myXRP at a fixed 1:1 ratio. When myXRP is redeemed, it is burned, and the contract returns the corresponding amount of FXRP within the same transaction.
MyXRPBridge operates on Flare C-Chain, Chain ID 14.
- Bridge contract: 0x14b9dd90edaaff6527c1b168550b3faa15b9f6af
- Underlying FXRP: 0xAd552A648C74D49E10027AB8a618A3ad4901c5bE
Outstanding issuance is capped at 10,000,000 FXRP. The published contract has no owner and no administrator, no operator key, no privileged FXRP withdrawal, and no upgrade path. The underlying FXRP address is fixed, and deposits and withdrawals carry reentrancy protection.
Each of these properties can be checked against the published code rather than taken on description alone, since the source is public and the deployment verifiable on-chain. The 10,000,000 FXRP cap also makes outstanding issuance a measurable, on-chain observable figure as public use begins.
These parameters give MyXRPBridge a focused purpose: receive official FXRP, issue myXRP at a 1:1 ratio, and return FXRP when the corresponding myXRP is burned.
Two Access Routes
The on-chain route is intended for holders of official FXRP. A user connects a compatible wallet and receives myXRP at a 1:1 ratio.
The custodial route supports BTC, ETH, USDT, XRP, and more than 200 additional listed assets. Principal remains denominated in the original asset, while XRP credits are accounted for separately. XRP credits are variable and are not guaranteed.
The two routes also differ in how they can be assessed: the bridge through its published contract code, the custodial route through the operator's regulatory listing, described below.
The supported networks are Bitcoin, Litecoin, Dogecoin, Bitcoin Cash, Ethereum, Base, Arbitrum, Optimism, BNB Chain, Avalanche, Polygon, Flare, Hyperliquid, Solana, XRP Ledger, TRON, SEI, Cosmos, Near, Aptos, Sui, Stellar, Algorand, Polkadot, and Kaspa.
Review
The bridge has an independent technical review from Comply Security:
Six published AI-assisted reviews sit alongside it, covering Claude Opus, Claude Sonnet, Grok, GPT, Gemini, and Composer. They examine issuance, redemption, asset admission, contract authority, and the fixed parameters of the bridge.
The source code is public, and both the contract and its deployment can be verified on-chain. Together, the code, the reviews, and the on-chain records give readers the materials to evaluate the bridge's fixed parameters independently.
Flare
TopValue sits within the wider Flare XRPFi environment, which includes liquid staking, money markets, vaults, yield trading, lending, automated market makers, stablecoin liquidity, and cross-vault routing.
Official FXRP held in the bridge is not sent to outside venues. It remains in the contract until the holder redeems. The custodial desk maintains a separate set of books, apart from the bridge, so collateral behind myXRP stays distinguishable from assets on the operator's internal records.
Risk
Digital assets, including FXRP and myXRP, can lose some or all of their value. Participation carries smart-contract, counterparty, liquidity, operational, network, and market risk. myXRP is not a bank deposit and is not FDIC- or FSCS-insured cash.
This release is not an offer of securities, investment advice, tax advice, or a guarantee of returns, profit, liquidity, or redemption. Read the terms and make an assessment before using the platform.
About TopValue
TopValue is a digital-asset infrastructure platform built around official FXRP on Flare. It provides a public 1:1 FXRP bridge and a separate custodial cabinet supporting more than 200 listed assets across 25 network environments.
The platform is operated by Top Value (BVI) AM Limited. The British Virgin Islands Financial Services Commission lists the company as a currently regulated virtual asset service provider and custody provider, with approved activities covering exchange between virtual assets and the safekeeping and administration of virtual assets or of the instruments that control them.
Registered office: 18 Pasea Estate Road, Road Town, Tortola, VG1110, British Virgin Islands.
Register:
Website:
TopValue and myXRP are brands of the same operator, Top Value (BVI) AM Limited; myXRP is also the name of the receipt token issued through MyXRPBridge. myXRP is not XRP and is not affiliated with Ripple.
Contact: TopValue, support@topvalue.fi
This article appeared first on Chainwire.