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  • The vaults are placed in different countries.A company spokesperson told ABC News that there is no particular story behind Xapo???s name.Based in Palo Alto, Calif., and incorporated in Hong Kong, the company says it has about 2,000 clients, including hedge funds and other financial institutions, the Wall Street Journal reports.Xapos makes money via an annual fee of 0.12 percent for each deposit yo
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