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XRP-Backed Institutional DeFi Platform Sentora Launches with $25M Funding

XRP-Backed Institutional DeFi Platform Sentora Launches with $25M Funding

Author:
XRP News
Published:
2025-05-06 17:39:03
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

Sentora, a new institutional DeFi platform born from the merger of IntoTheBlock and Trident Digital, has launched with significant backing from major investors including Ripple. The platform aims to provide regulated and risk-managed access to decentralized finance, consolidating over $3 billion in prior institutional DeFi deployments. With $25 million in Series A funding from notable firms like New Form Capital and Tribe Capital, Sentora is poised to become a key player in the institutional DeFi space. This development highlights the growing institutional interest in DeFi and the pivotal role of XRP in supporting such initiatives.

New Institutional DeFi Platform Sentora Launches Following Merger

Sentora, a new institutional DeFi platform, has emerged from the merger of IntoTheBlock and Trident Digital. The combined entity debuts with $25 million in Series A funding, backed by New Form Capital, Tribe Capital, and Ripple, among others.

The platform consolidates over $3 billion in prior institutional DeFi deployments, targeting demand for regulated, risk-managed access to decentralized finance. Sentora integrates IntoTheBlock’s analytics with Trident’s structured liquidity expertise.

Its compliant-first approach offers yield strategies, structured lending, and real-time risk dashboards—a full-stack solution for institutional players.

Ripple USD (RLUSD) Volume Jumps 27% Amid Major Exchange Listing

Ripple USD (RLUSD) trading volume surged 27% following its listing on Gemini, the U.S.-based exchange founded by the Winklevoss twins. The stablecoin’s newfound accessibility to institutional and retail traders on a prominent platform has fueled market activity.

Gemini’s reputation as a regulated U.S. exchange adds credibility to RLUSD’s adoption curve. This development marks another step in Ripple’s strategic expansion of its stablecoin ecosystem beyond cross-border payments infrastructure.

Deep Freeze Empowers XRPL Compliance With Institutional Token Control

The XRP Ledger (XRPL) has officially launched Deep Freeze, a protocol-level feature designed to enhance compliance and security for issued tokens. This update specifically targets institutional use cases, enabling issuers to impose absolute transaction freezes on designated accounts—a critical tool for stablecoin providers and real-world asset tokenization.

Unlike native XRP, which remains unaffected, Deep Freeze introduces granular control over secondary assets. The mechanism restricts all outgoing transactions from frozen accounts, addressing fraud prevention and regulatory requirements without compromising the ledger’s CORE functionality.

Market observers note this development positions XRPL as a more viable platform for institutional adoption, particularly in regulated financial environments where asset control mechanisms are non-negotiable.

XRP Price Heading Towards the Critical Support-Will it Drop Below $2?

XRP’s price action remains subdued, with a 5.34% weekly decline compounding similar losses over the weekend. Bears now threaten to breach the critical $2.04 support level, a breakdown that could accelerate downward momentum.

The token shows early signs of confirming a short-term bearish pattern. While bulls have lacked conviction, market participants await a decisive move below $2—a threshold that may trigger cascading sell orders across exchanges.

|Square

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