Key Takeaways:
- Ripple claims that secure custody is emergent as the basis of payments, tokenization and staking on institutional scale.
- Ripple Custody is being branded by the company as bank and regulated digital asset company core infrastructure.
- The relocation indicates an increase in the demand of compliant crypto offerings as institutions continue to increase activities onchain.
Ripple is also refocusing on its digital assets custody, no longer as an ancillary service, but as the infrastructure of the next phase of institutional crypto usage. In a new statement, the company said custody acts as the governance layer supporting nearly every scalable digital asset strategy.
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