Ripple enters crypto custody: a new choice for digital assets for banks!
Ripple, a pioneer in the US blockchain, recently announced its official entry into the field of cryptocurrency custody and launched the Ripple Custody service, which aims to help banks and fintech companies safely store customers' digital assets. This move marks a new stage in Ripple's diversification strategy, and will no longer be limited to payment settlement in the future.
Ripple Custody provides a series of innovative features, including automated operations, deep integration with XRP Ledger, anti-money laundering monitoring, and an optimized user interface to ensure the dual improvement of compliance and user experience. This will greatly facilitate customers' various needs in handling digital assets, especially in an increasingly complex compliance environment.
As a key player in the crypto custody market, Ripple has attracted the attention of large financial institutions such as HSBC, BBVA, and Societe Generale around the world. According to the Boston Consulting Group's forecast, the size of the crypto custody market is expected to reach at least $16 trillion in the next decade, and Ripple is undoubtedly seizing this huge market opportunity.
Lao Lin wrote: Even in the context of XRP's challenges, Ripple's strategic layout is still progressing steadily. Diversification is not only a way to survive, but also a must for leading the future! Let us witness together how Ripple reshapes itself in the crypto world!
