Bitgo has enhanced access to decentralized finance (DeFi) for XRP by introducing custody support for Flare and Songbird. This development allows institutions to safely store assets associated with the XRP ecosystem, with plans to include staking support in the future.
On June 12, Bitgo, a provider of digital asset infrastructure and custodial services, announced the launch of Flare support, thereby equipping XRP-focused institutions with essential DeFi infrastructure.
