Ripple and Settlemint Combine Custody With Tokenization

Ripple and Settlemint, a blockchain technology company specializing in digital asset lifecycle management, formed a strategic partnership to provide regulated financial institutions with an integrated system for issuing, holding, and managing tokenized assets. The partnership announced Sept. 1 connects Ripple Custody with Settlemint’s Digital Asset Lifecycle Platform, known as DALP, which allows institutions to manage issuance, compliance, custody, settlement, and servicing through one governed system.

“Financial institutions across Asia Pacific are putting digital assets to work. They are asking how to do more without stitching together separate solutions for custody,…