Ripple Labs filed a trademark acquisition for Ripple Custody, signaling its plan to expand crypto custody services and incorporate digital asset management into its ecosystem.
The acquisition of Metaco by Ripple Labs could lead to the launch of RLUSD stablecoin and the potential for banks to tokenize traditional assets on the XRP Ledger.
By establishing its reputation in custody services, Ripple may pave the way for innovative tokenization solutions, transforming the management of real-world assets on the XRP Ledger.
Experts suggest that Ripple's focus on custody services and tokenization could drive significant growth in the XRP ecosystem and position XRP as a key player in the evolution of financial systems worldwide.