Ripple unveils bank-grade crypto custody and RWA technology aiming for $16 trillion
Ripple Labs, the San Francisco-based blockchain firm, has introduced new features and integrated compliance functionality that bring bank-grade custody technology to its crypto custodial services, according to an Oct. 10 statement.
Ripple stated that the new features include hardware security module (HSM) options, pre-configured operational and policy settings, as well as advanced anti-money laundering (AML) monitoring to maintain regulatory compliance. The platform also introduces a streamlined user interface for more straightforward navigation of its custodial services.
Ripple’s offering will also allow clients to tokenize real-world assets, such as fiat currencies and commodities, on the XRP Ledger (XRPL). In addition, its clients…
