๐Attention, BTC enthusiasts! Ripple, the company behind the popular cryptocurrency XRP, has acquired Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets. This move highlights Ripple's commitment to regulatory compliance and aims to strengthen its crypto infrastructure solutions.๐
๐Standard Custody holds licenses across the United States, a Major Payment Institution License from the Monetary Authority of Singapore, and a Virtual Asset Service Provider registration with the Central Bank of Ireland.๐ฆ
๐ฃRipple President Monica Long said, "Ripple and Standard Custody are dedicated to enabling enterprises to reap the benefits of blockchain across a host of financial use cases, building institutional-grade solutions to tokenize, store, move, and exchange value."๐ผ
Stay tuned for more exciting updates from Ripple!๐