🚀 Ripple Enters Crypto Custody Space! 🚀

Ripple is diving into the crypto custody market, unveiling new services to help financial institutions manage crypto for clients. Their Ripple Custody division aims to be a key player, offering pre-configured settings, AML monitoring tools, and integration with the XRP Ledger.

Key Moves:

- Acquired Metaco & Standard Custody & Trust Company

- Operational in 7 countries, serving HSBC, Société Générale, and DBS

- Plans to tokenize real-world assets and launch stablecoin RLUSD

Ripple is also expanding in Latin America, partnering with Mercado Bitcoin to offer cross-border payments in Brazil.

💬 Thoughts on Ripple's new ventures? Comment below!