XRP Gains Backing from Toroso Investments' Michael A. Gayed
Michael A. Gayed, a portfolio manager at Toroso Investments and author of The Lead-Lag Report, appears to have endorsed the XRP token, a move noted by market watchers on Dec. 7, 2025. Gayed’s visibility in traditional asset management brings a high-profile name to XRP’s supporter list, and his signal has been read as another sign of mainstream interest in the asset.
While endorsements don’t guarantee price moves, this kind of institutional attention can matter for sentiment and capital flows. For traders and platforms that offer XRP, increased backing from established investment professionals may translate into higher liquidity and renewed investor confidence. Observers will be watching trading volumes and order books for short-term effects, while broader adoption remains tied to regulatory clarity and on‑chain utility.