XRP is Now Available for Institutional Investors

Anchorage Trust Company the qualified digital asset custodian adds XRP to get the list of assets backed its institutional custody solution. April 2 results, the company announced its support for the third-largest cryptocurrency by market cap in a blog post.

The custodial solution is more comfortable than cold storage, offering the benefits of asset usability, offering features like staking, airdrops, and even trading from custody, acknowledged by Anchorage.

Contribution of the valid solution by Spring resource

 XRP consent relies on resources such as developed and maintained by Ripple’s developer platform, Spring, reported by Diogo Monica, Anchorage co-founder and President. The most remarkable states the rippled open-source server, that powers the XRP Ledger.

The project reports, XRP, the custodial solution is vacant to institutional investors today, by the plans to expand extra services in future.

“The flexibility of the Anchorage platform will allow us to support more advanced XRP functionality like Payment Channels should customer demand require it.”

Achieved Integrity via Federation

The one and only original member of libra association are Anchorage, started by Cointelegraph, many Libra backers tend to enrol into forces with opponent stablecoin, Celo, as a portion of its Celo Alliance for Prosperity.

Also possess the membership of the Blockchain Alliance and the Crypto Rating Council,  supported with the names of Andreessen Horowitz, Blockchain Capital, and Visa.

 For the comment on the addition of XRP to Anchorage’s custody solution the Cointelegraph reached out Ripple,  still not answered at the time of publishing.

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