Viking Global Investors' AI Chatbot Boosts Trade Ideas and Operations Efficiency

Viking Global Investors' AI chatbot, VikingGPT 2.0, has seen a 400% jump in usage since August, with teams across the firm sending three questions per minute to the model. The chatbot is helping staff with trade ideas and speeding up operations, but is not making wagers on its own. Billionaire co-founder Andreas Halvorsen emphasizes the importance of human judgment and encourages staff to experiment with AI tools in a governed environment. The firm's main hedge fund has gained less than 1% in Q3 and is up just 5.6% this year.

XRP volumes have seen a significant 67% increase, reaching $9.03 billion in the past 24 hours, according to CoinGlass data, as reported by Coinotag. This surge is attributed to a combination of market rebalancing and heightened interest following reports that Ripple is leading efforts to create a $1 billion digital-asset treasury focused on XRP.

The rise in XRP volumes coincides with a broader crypto market sell-off, which has extended a recent downtrend. The market was under pressure due to macroeconomic uncertainties and liquidity stress, exacerbated by the U.S. government shutdown and the upcoming Federal Reserve’s October FOMC meeting. The sell-off prompted traders to adjust their positions, leading to increased liquidity and trading activity.

The proposed $1 billion digital-asset treasury, if executed, would represent a substantial accumulation of XRP, potentially creating both headline-driven buying and the expectation of future sales or strategic allocations. Additionally, Ripple’s reported $1 billion acquisition of GTreasury for treasury management adds further institutional infrastructure to support large-scale holdings, according to the Coinotag report.

Despite the rising volume, XRP prices have fallen by 7.31% in 24 hours and 21% weekly. This decline suggests that the volume surge is largely driven by forced liquidations and defensive rebalancing rather than fresh bullish accumulation. The high turnover reflects selling pressure and traders adjusting their leverage positions.

The short-term volume spike is likely to last days to weeks, depending on follow-through from institutional buyers, confirmed treasury activity, and macroeconomic stability. Investors should monitor on-chain flows and centralized exchange volume for confirmation of sustained volume.

Institutional signals, such as the reported $1 billion Ripple-led digital-asset treasury and the GTreasury acquisition, may attract sustained institutional interest. However, the market context and macro drivers remain uncertain, and the firm's main hedge fund has gained less than 1% in Q3 and is up just 5.6% this year.

Viking Global Investors' AI chatbot, VikingGPT 2.0, has seen a 400% jump in usage since August, with teams across the firm sending three questions per minute to the model. The chatbot is helping staff with trade ideas and speeding up operations but is not making wagers on its own. The firm's co-founder, Andreas Halvorsen, emphasizes the importance of human judgment and encourages staff to experiment with AI tools in a governed environment.

Investors should track on-chain accumulation, exchange flows, and official Ripple disclosures for confirmation of the proposed digital-asset treasury. COINOTAG will continue monitoring developments and provide updates after the Federal Reserve’s Oct. 28–29 meeting and any formal announcements from Ripple or counterparties.