Ripple Launches Digital Asset Custody Services, Confirms Cross-Appeal Against SEC

Oct 10, 2024, 10:03 AM

Ripple has launched new digital asset custody services aimed at banks and fintech firms, consolidating its custody products under the brand Ripple Custody. This new offering integrates with Ripple's blockchain and includes features such as simplified onboarding, tokenization and DEX support for XRPL, pre-configured policy frameworks, real-time compliance monitoring, and a new user interface. With acquisitions like Metaco and Standard Custody, Ripple is strengthening its position as a leader in digital asset security. Additionally, Ripple has confirmed it will file a cross-appeal against the SEC.