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FRMO Corp. Is Bullish On XRP As Its Significant Return Potential
Summary: FRMO Corp., a listed capital management company, stated in its 2020 shareholder letter that XRP is one of the most "intriguing" assets in the crypto sector because of its significant return potential. The company explained that XRP has a low transaction cost and the number of XRP units is constantly decreasing. In addition, FRMO stated that the ...
FRMO Corp., a listed capital management company, stated in its 2020 shareholder letter that XRP is one of the most "intriguing" assets in the crypto sector because of its significant return potential. The company explained that XRP has a low transaction cost and the number of XRP units is constantly decreasing.
In addition, FRMO stated that the term of cryptocurrency was first mentioned in the 2016 shareholder letter. At that time, FRMO also made a small investment in the Digital Currency Group. Currently, the company has positions in a series of tokens including BTC, ETH, Zcash, BCH, LTC.
By Mary Liu
Tags: BCH,BTC,Cryptocurrency,Digital Currency Group,ETH,FRMO Corp.,LTC,XRP,Zcash
Link: FRMO Corp. Is Bullish On XRP As Its Significant Return Potential [Copy]
