Ripple is expanding its custody services to bolster its position in the digital asset infrastructure space.
The enhanced Ripple Custody includes features such as XRPL integration for tokenizing real-world assets and a partnership with Elliptic for transaction screening services.
Ripple Custody has experienced a 250% year-over-year increase in new customers and serves top-tier banks, financial institutions, and crypto businesses globally.
With the growing custody market projected to reach $16 trillion by 2030, Ripple aims to provide secure and compliant options for storing and managing crypto assets.