Ripple Launches ‘Bank-Grade’ Crypto Custody, Targeting $16 Trillion Tokenisation Market
- Ripple is foraying into the crypto custody market with Ripple Custody, offering a secure platform for crypto, fintech, and traditional businesses to store, transfer, and settle tokenised assets.
- New features for Ripple Custody include hardware security module (HSM) options, transaction screening, and RWA tokenisation on the XRP Ledger.
- Additional compliance services and features are set to roll out by late 2024 and early 2025 to meet evolving regulatory needs.
Despite regulatory challenges and its battle with the Securities and Exchange Commission (SEC), Ripple continues to work and enhance some of its key products and divisions.
Just recently, the firm announced the launch of Ripple Custody — a secure…
