Anchorage crypto custodian added support for XRP

by in Cryptocurrency News


Institutional-oriented custodian service Anchorage has attached support for the XRP coin of fintech startup Ripple.

The inclusion of XRP support in the organization was explained by the demand from institutional coin owners who “want a safer and more convenient custodial solution.”

Anchorage noted that XRP is the third-biggest digital asset by market capitalization.

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To integrate Ripple's coin, the custodian worked with the startup team on the Xpring program.

Anchorage plans to add additional services with XRP in the future, such as payment channels, if required by customers.