Popular lawyer Bill Morgan has revealed another company that is holding a significant amount of XRP on its balance sheet. This follows the emergence of Evernorth, another treasury company that has accumulated over $1 billion worth of the token.
Another XRP Treasury Company Emerges With Significant Holdings
In an X post , Morgan drew attention to an SEC filing from Virtu Financial that showed it holds XRP on its balance sheet. The company, which boasts a market cap of just over $5 billion, holds 22 million XRP worth just over $55 million at the current price. The lawyer also noted that the company appears to be financially strong, which is a positive for the altcoin.
Related Reading: Are The XRP Tokens In Escrow At Risk Of Being Sold? Ripple CTO Shares Insights
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