[Ripple announces the launch of crypto custody service Ripple Custody] Golden Finance reported that Ripple announced the launch of a crypto custody service designed to help banks and fintech companies store digital assets. These new features include integration with Ripple's XRP Ledger blockchain platform, anti-money laundering risk monitoring, and a user-friendly interface. Ripple hopes to expand its business beyond its core payment settlement platform RippleNet through this move. The company's Ripple Custody brand will provide customers with tokenized real-world asset services and allow fast and low-cost transactions using XRP Ledger. Ripple has also acquired Metaco and Standard Custody & Trust to further promote the development of its custody business.