XRP: 80% of XAO DAO’s XRP Treasury Set for Firelight Deployment

Published: 23 October 2026

XRP market note dated 23 October 2026. This is an independent English brief of a public news item; it does not add trade levels.

What happened

• XAO DAO co-founder Santiago Velez announced that proposal 66 had passed, authorizing the decentralized autonomous organization to deploy 80% of its XRP treasury into Firelight, a DeFi protocol focused on decentralized insurance and yield. The decision would put a large share of …

What the figures mean

Independent check on the printed figures (80%, 66, 8217, 6): confirm the unit, the session or as-of timestamp, and whether the number is a flow, a price, a rate, or a count before treating the headline as a directional call for XRP. This page restates source figures; it does not invent a second dataset.

Why it matters

The item is included because it is substantively about XRP (institutions, policy, flows, security, or network use), not a passing mention.

What to watch

Separate confirmed actions from speculation in the source. No price target is invented here.