Virtu Financial Discloses $63 Million in XRP Holdings, Expanding Digital Asset Exposure

• Virtu Financial reports $346.7M in crypto, including $63M in XRP holdings.
• Disclosure highlights surge of U.S. firms adopting XRP under DAT framework.
• Institutional shift toward XRP strengthens digital asset treasury adoption.

Virtu Financial Inc., a global market-making and execution services firm, has disclosed major crypto holdings in a recent SEC filing dated September 30, 2025. The company reported an increase in its digital asset exposure, highlighting the growing presence of cryptocurrencies on corporate balance sheets.

According to the filing, Virtu holds 1,842 Bitcoin valued at approximately $210.7 million, 8,027 Ethereum worth $33.5 million, and 22.02 million XRP with a fair value of $63.1 million. Additional assets totaling $39.5 million brought the firm’s total digital-asset valuation to $346.7 million, up from $82.8 million as of December 31, 2024. The surge shows a fourfold increase in the company’s crypto exposure within nine months, aligning with broader institutional movement toward digital asset diversification.

Market Reaction and Debate Over Timing

Following publication of the disclosure, investor Bill Morgan noted that Virtu’s expanded crypto holdings show a rising trend of U.S.-listed companies adopting XRP as part of their treasury management. However, X user Stealth responded that the XRP position was not new, asserting the firm had acquired it “months and months ago,” citing earlier Q2 filings.

Morgan responded by arguing that the most recent Messari report released this week did not include Virtu among U.S. firms holding XRP, underscoring how its holdings had largely gone unnoticed until the latest filing.

Institutional Shift Toward XRP-Backed Treasuries

Virtu’s disclosure adds to a growing list of publicly traded firms integrating XRP into their balance sheets under the emerging Digital Asset Treasury (DAT) framework promoted by Strategy Executive Chairman Michael Saylor.

Other U.S.-listed participants include Trident Digital Tech Holdings with $500 million in XRP, Webus International with $300 million, Wellgistics with $50 million, and Nature’s Miracle Holding Inc. with $20 million. 

Reliance Group Global and Hyperscale Data Inc. allocated $17 million and $10 million, respectively. Separately, Vivopower announced plans to purchase $100 million in Ripple shares to gain XRP exposure at an implied price of $0.47 per token, backed by a $19 million equity raise.