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Ripple Custody: A Platform for Asset Storage Starts a New Era in Finance

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by Giorgi Kostiuk

2 days ago


Ripple is actively developing its Custody platform, positioning it as the primary solution for banks and institutions preparing for asset tokenization. Crypto assets under custody are projected to hit $16 trillion by 2030.

Custody Takes Center Stage

In a company blog, Ripple outlined its goal for 10% of global assets to be tokenized and traded within the next five years. Banks are in search of asset custody solutions that provide the same high security and easy access to trading as in traditional financial systems.

Safety as the Foundation of Trust

The top priority for Ripple Custody is the protection of private keys. The platform offers bank-grade security, flexible setups, and strict compliance frameworks to meet global regulatory demands. Every tokenized model, from treasury to real estate assets, relies on this foundation of trust. One breach could significantly undermine investor confidence.

Governance of Stablecoins on Custody Platform

Stablecoins are becoming key tools for payments and settlements. Ripple Custody fully supports the processes of minting, burning, and managing stablecoins across the XRP Ledger and EVM-compatible blockchains. One example is the launch of the euro-backed stablecoin, EURCV, by Société Générale FORGE on the XRP Ledger.

As tokenization progresses, Ripple Custody defines who will lead in the next phase of global finance. It is already in use by banks in more than 15 countries, and its potential is just beginning to unfold.

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