Ripple Launches Crypto Custody for Banks, Aiming to Boost XRP to $1.

Ripple is launching new crypto custody services to help banks and fintech companies securely store and manage digital assets. This expansion, part of its Ripple Custody division, integrates with the XRP Ledger and offers easy-to-use features and compliance tools. Ripple's custody business is growing quickly, with 250% customer growth in a year. The company also plans to let clients tokenize assets and trade them on its decentralized exchange.

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