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Ripple Offers ‘Bank-Grade’ Custody Tech to Crypto Firms

  • Ripple has introduced new features and functionalities for its custody solution to cater to the growing demand for secure storage of crypto assets.
  • The update includes transaction screening service integration, added hardware security module options, XRPL integration for tokenizing real-world assets, pre-configured policy frameworks, and upgrades to usability and user interface.
  • Ripple Custody now supports XRP Ledger tokenization features, enabling businesses to tokenize and manage assets including cryptocurrencies, fiat currencies, and real-world assets.
  • Tokenized real-world assets have the potential to enhance liquidity, accessibility, efficiency, transparency, security, and global reach in various sectors like real estate, private equity, and intellectual property.

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