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📊 Weekly Crypto Summary (Jul 29 - Aug 4)

✅ BTC rises +4.2%
✅ ETH reaches $3,000
❌ BNB remains stable
🌐 Key news: BlackRock boosts ETH ETF

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XRP Custody Companies A Risk? Pundit Shares Why Companies Shouldn’t Hold The Coins.

#MarketPullback $XRP #CriptoUpdate $XRP #criptonews Crypto pundit Vincent Van Code has explained why companies shouldn’t custody their XRP holdings amid the rise in treasury companies. As part of his comments, he advocated that these companies gain the token exposure to ETFs and other regulated wrappers rather than holding the coins.

Pundit Explains Why Companies Should Avoid XRP Custody
In an X post, Vincent Van Code stated that companies accidentally turn themselves into a bank, security firm, and a regulated financial institution overnight, the moment they decide to self-custody their XRP. He further remarked that the bill for this mistake is “massive,” as it has some repercussions.

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Crypto pundit Vincent Van Code has explained why companies shouldn’t custody their XRP holdings amid the rise in treasury companies. As part of his comments, he advocated that these companies gain the token exposure to ETFs and other regulated wrappers rather than holding the coins. 

Pundit Explains Why Companies Should Avoid XRP Custody

In an X post, Vincent Van Code stated that companies accidentally turn themselves into a bank, security firm, and a regulated financial institution overnight, the moment they decide to self-custody their XRP. He further remarked that the bill for this mistake is “massive,” as it has some repercussions. 

Related Reading: Is It Time To Buy XRP? Analyst Says Get In Before This Switch Happens