1 month ago
6
A bank can place a bond onchain and still be left with most of the work. It must decide who may hold the instrument, stop prohibited transfers, pay interest to the correct owners, process redemptions and preserve records that auditors and regulators can follow.
Ripple and SettleMint are now packaging those responsibilities into a joint offering for regulated institutions in Asia-Pacific. Their September 1 partnership connects Ripple Custody with SettleMint’s Digital Asset Lifecycle Platform, known as DALP.
Key Takeaways
- Custody remains separate from platform operations.
- DALP manages assets beyond initial issuance.
- The technical connection predates today’s partnership.
- No participating bank has been identified.
A coupon payment shows where the work begins
Take a tokenized bond. The bank first establishes its ...
English (US)