Ripple to Expand Crypto Storage Services to Banks
In an important development for the firm, Ripple Labs is set to offer crypto storage services to banks and other financial institutions. Indeed, the Ripple Custory platform is set to focus on security enhancement and compliance to offer their services to various banks in a major move.
The expansion decision was called a “bid to diversify,” by the company, according to a CNBC report. Moreover, they are poised to launch a plethora of new features that will help various financial tech firms store digital assets. It will be a key aspect of Ripple’s continued push into crypto custody.
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