Ripple Rolls Out New Features Offering ‘Bank-Grade’ Custody Services for Crypto Businesses
San Francisco-based payments company Ripple is now aiming to offer bank-grade custody solutions to crypto businesses.
The firm’s Ripple Custody branch has been providing global banks and financial institutions with a software infrastructure to secure, transfer and settle tokenized financial assets.
In a statement, Ripple says the platform now features functionalities that will also make bank-grade custody technology accessible to crypto and fintech businesses.
Ripple Custody now supports XRP Ledger tokenization features that will allow businesses to tokenize and manage cryptocurrencies, fiat currencies and real-world assets (RWAs).
The updated platform also includes a transaction screening service integration, added…
