Ripple has launched an upgraded version of its Ripple Custody service.
The upgrades include integration with compliance tools, expanded hardware security module (HSM) options, support for tokenizing real-world assets on the XRP Ledger (XRPL), pre-configured policy frameworks, and an improved user interface.
The new features aim to provide bank-grade crypto custody solutions to fintech firms and crypto businesses.
Ripple Custody has experienced significant growth with a 250% increase in new customers.