The XRP community and enthusiasts are excited to hear that XRP (XRP) will be added to the fund for wealthy investors. Balance Custody recently launched a new digital currency custody solution for large and institutional investors, and it appears that XRP made it to the list of assets that were included in the fund.
XRP Wasn’t Included in the Fund of Morgan Creek Capital
This good news comes right after the “betrayal” of Morgan Creek Capitals, which refused to add XRP to its own digital currency fund for large and institutional investors, with a huge amount of capital. Morgan Creek Capital Management recently launched a crypto fund that included more digital currencies such as Ethereum (ETH), Litecoin (LTC), Zcash (ZEC), OmiseGo, Monero [XMR], DASH, EOS, Bitcoin Cash (BCH), and Ethereum Classic (ETC).
The digital currencies that are added to the fund had to pass some processes and requirements in order to be included – according to the official announcement. The digital currencies had to pass through rules-based, rigorous eligibility requirements, including trade concentration limits, custody qualifications, and pre-mine restrictions to be eligible for inclusion.
Balance Custody Creates a High-Security Solution with Transparency
The custodian firm said that they’ve been running a closed pilot with a very small customer base over the past year in order to create a financial solution that is highly transparent with military-grade security assurance.
List of Digital Currencies Included in the Fund
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Ethereum Classic (ETC)
- XRP (XRP)
- Stellar Lumens
- Litecoin (LTC)
- Dash (DASH)
These digital currencies were selected based on their track record, technical merits, and community strength.
XRP (XRP) Price Today – XRP / USD
| Name | Price | 24H % |
|---|---|---|
 | $0.00 | -0.80% |
At the time of writing, Litecoin (LTC) is changing hands at $66.95 after an increase of about six percent over the past twenty-four hours. The current market cap of the digital currency is $3.89 billion and its trading volume over the past twenty-four hours is $313.91 million.
Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.
