XRP Becomes a Top Five Asset in BitGo’s $81.6 Billion Portfolio

BitGo says XRP is among the five digital assets contributing most to platform value, with demand for custody (safekeeping digital assets) cited as the main driver.

XRP

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Custody: A service that safeguards digital assets on behalf of clients, typically using institutional-grade security and storage systems.
  • XRP: A digital asset associated with the XRP Ledger, used in crypto markets and supported by custodial and trading platforms.
  • Digital asset portfolio: A collection of cryptocurrencies or tokenized assets held, supported, or administered by a platform or institution.