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Ripple Debuts Crypto Custody Amid XRP Legal Battle

  • Ripple has launched new crypto custody services for banks and fintech firms, aiming to help store digital assets.
  • Ripple's move into custody services allows the company to diversify beyond payments and enter a rapidly growing market.
  • Major clients like HSBC and Societe Generale have already adopted Ripple's new custody services.
  • Amid regulatory uncertainty, XRP whales have moved over 73 million tokens in the past 24 hours, sparking speculation of a cross-appeal by Ripple.

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