XRP Emerges as Core Asset in BitGo’s $81.6B Portfolio

BitGo has highlighted XRP as one of the top five assets driving 80% of the value underpinning its operating plan. 

The leading digital asset infrastructure provider disclosed this in its latest annual 10-K filing submitted to the U.S. Securities and Exchange Commission. 

Key Points 

• BitGo identified XRP as one of its top five assets driving platform value. 
• While BitGo supports over 1,700 assets, the top five digital assets account for 80.7%. 
• XRP’s value is driven primarily by custody demand and transaction utility, unlike Ethereum and Solana, whose values may be influenced by staking potential. 
• XRP continues to gain institutional traction, including inclusion in the Hashdex Nasdaq CME Crypto Index ETF, where it holds a 5.88% allocation. 

XRP Among Top 5 Assets Accounting for 80.7% of BitGo’s AOP

According to the filing, BitGo supported more than 1,770 digital assets valued at $81.6 billion as of December 31, 2025. Despite this broad coverage, the firm’s platform value remained highly concentrated. 

Specifically, 80.7% of its Assets on Platform (AoP) came from just five cryptocurrencies: Bitcoin, Sui, Ethereum, Solana, and XRP. Notably, XRP accounted for 4.7% of total AoP, or around $3 billion. 

As a result, it secured a firm position within the upper tier of institutional crypto holdings, outperforming hundreds of other supported assets. By comparison, Bitcoin, Sui, Ethereum, and Solana accounted for 49.2%, 11.3%, 10.1%, and 5.4%, respectively.

Notable Milestone 

Moreover, while Bitcoin remains the market’s flagship asset, Sui, Ethereum, and Solana benefit from staking participation. In contrast, XRP does not support staking. Therefore, its inclusion at this level is particularly significant, as its value is driven primarily by custody demand and transactional utility rather than yield generation.

Overall, the data reinforces XRP’s role as a reliable liquidity and settlement asset within institutional portfolios. Meanwhile, although newer ecosystems like Sui continue to gain traction, XRP’s consistent presence underscores its durability and relevance in the evolving crypto market. 

Notably, BitGo activated Evernorth’s crypto wallet as part of the company’s XRP treasury initiative. In the meantime, XRP continues to feature in major firms’ portfolios and institutional products. 

Earlier, Hasdex Nasdaq CME Crypto Index ETF confirmed in its 10-K filing that XRP was among the seven assets in the fund, accounting for 5.88%, outpacing Solana, Cardano, Chainlink, and Stellar.