Ripple, a blockchain company, has introduced new features to its custody solution for banks and fintech companies. The company’s Ripple Custody platform now supports bank-grade custody technology, allowing customers to tokenize various assets, including crypto, fiat, and RWAs, using Ripple’s XRP Ledger integration. Notable features include transaction screening with Elliptic integration and hardware security via AWS Cloud HSM. Ripple Custody aims to tap into the rapidly growing global digital asset custody market, which is expected to be worth $16 trillion by 2030.
Source: announcement