Digital Custodian Anchorage Adds XRP Storage for Institutional Customers

Digital custody provider Anchorage has added custodial support for XRP, the company announced in a Thursday blog post. Prior to Thursday, XRP was the only top-three cryptocurrency not supported by Anchorage, which specifically caters to institutional investors.

"As the third-largest digital asset by market cap, XRP appeals to a number of our institutional clients, which include VC funds, family offices, hedge funds, and other large-scale crypto investors,” Diogo Monica, president of Anchorage said. XRP joins 18 other digital assets already supported by Anchorage.

Timeline of Xrp