Grayscale Elevates XRP to Digital Currency Status: A New Era in Crypto Asset Classification.
Grayscale Investments, the world's largest digital asset manager, has officially classified XRP alongside Bitcoin in its 'Currencies' segment, solidifying XRP's role as a recognized digital currency. This move reflects the evolution in Grayscale's taxonomy and its commitment to capturing both established trends (like Bitcoin and XRP) and emerging ones, such as artificial intelligence, which it now also incorporates as a new formal category within the crypto ecosystem. The update not only reinforces XRP's legitimacy in the institutional market but also lays the groundwork for greater adoption and diversification of cryptocurrency-based financial products.
