Ripple has announced that its XRP was added to Bitcoin IRA’s retirement accounts and Kingdom Trust’s custodial services. Both Bitcoin IRA and Kingdom Trust work with BitGo for their management and storage of XRP.
Miguel Vias, Head of XRP Markets at Ripple, said: “As institutional adoption of Ripple’s enterprise blockchain solution has grown, people increasingly understand the future opportunity for banks, payment providers and other institutions to use XRP as an on-demand liquidity solution for cross-border payments. Bitcoin IRA, Kingdom Trust and BitGo offer a forward-thinking way for individuals in the U.S. to access and store XRP.”
Chris Kline, COO of Bitcoin IRA, said: “Since listing XRP in our retirement accounts, demand from our customers has been immense. We are proud to be the first and only company in the world to offer XRP for retirement planning. Those who hold XRP with BitcoinIRA.com will see it in ‘cold storage’ digital wallets from BitGo, widely considered the most reliable and secure digital wallet, with multi-signature encryption.”
Charles Ives, President of Kingdom Trust, said: “As a leader in digital asset custody, we believe in offering our clients access to secure and innovative digital assets. We are excited to be able to provide our institutional client base access to XRP, in addition to the other digital assets for which we already provide custodial services.”