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.