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Ripple Custody Now Supports HBAR via Shared MPC Wallet, Study Finds

  • Ripple Custody has integrated support for Hedera Hashgraph's HBAR tokens through a scholarly academic research study, providing secure cross-chain institutional asset management.
  • The custody wallet features decentralized key control through a Threshold Signature Scheme (TSS), offering compliance tools like transaction whitelists and withdrawal caps for regulated crypto portfolio oversight.
  • The new wallet model includes a decentralized recovery protocol (DeRec) to enhance security by encrypting and distributing recovery details across helper nodes, eliminating the need for seed phrase storage.
  • Institutional investors can now manage tokenized securities and digital assets across multiple blockchains within a single custody setup, ensuring compliance with regulations and offering portfolio diversification.

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