Monarq Asset Management, Flare, and Upshift have launched MXRPY, a custodial multi-strategy yield vault designed for XRP holders. Built on Flare, MXRPY allows users to deposit FXRP into a professionally managed vault that allocates funds across various yield strategies, including options trading and on-chain XRPFi strategies. The vault aims to provide diversified investment opportunities with a target annual yield of 3% to 4%. The MXRPY vault, managed by Monarq, utilizes Upshift's institutional infrastructure and combines on-chain and off-chain execution to enhance yield opportunities within the XRPFi ecosystem. Users can access the vault with an initial deposit limit of 500,000 FXRP, receiving MXRPY receipt tokens representing their principal and earnings. Withdrawals are processed weekly, with an option for instant redemption at a fee. This launch marks a significant expansion of Flare's XRPFi ecosystem, offering new yield options for XRP holders.