Ripple Offers ‘Bank-Grade’ Custody Tech to Crypto Firms
Digital asset infrastructure firm Ripple has introduced new features and functionalities for its custody solution.
“Custody is a key entry point into the digital asset economy, and it’s only growing,” Ripple said in a Thursday (Oct. 10) press release.
The company notes that the amount of crypto assets custodied is projected to reach at least $16 trillion by 2030, by which time 10% of the world’s GDP is also expected to be tokenized.
“As such, companies need secure, compliant and flexible options to store their crypto,” the release added.
According to Ripple, the update includes a transaction screening service integration, added hardware security module options, an XRPL integration for tokenizing real world assets…
