Ripple Custody empowers banks to securely manage crypto assets, boosting trust and revenues in a growing $20T market.
Digital assets drive demand for secure custody solutions, and Ripple’s guide is a strategic tool for institutions looking to stay ahead.
Ripple Custody enables banks to offer seamless, compliant digital asset management, integrating advanced services for diverse investment needs.
As digital assets surge in demand, banks are prioritizing secure storage solutions, with Ripple’s Custody Guide emerging as a valuable blueprint for institutions seeking a competitive edge. Ripple’s custody services provide a framework to manage and protect crypto and tokenized assets efficiently, enhancing revenue potential and establishing trust in a burgeoning $20 trillion market.
Banks may establish safe and legal crypto custody services with the help of Ripple's Digital Asset Custody Guide. In order to satisfy the increasing demand for new asset classes, the book highlights the importance of institutional-grade custody. Moreover, Ripple Custody enables seamless integration with existing banking services, positioning banks to attract retail and institutional clients seeking comprehensive asset management.
The Rise of Digital Asset Custody Needs
Digital assets are in high demand due to blockchain’s speed, transparency, and fraud prevention, moving growth at a "fever pitch." Notably, an EY-Parthenon study shows that 64% of retail investors hold digital assets, with 69% planning to increase their investments soon. Forecasts suggest tokenized assets may represent 10% of financial assets by 2030, underscoring banks' need for reliable custody solutions.
Regional and global banks are moving to expand their traditional custodian services to include digital assets, adapting to meet regulatory requirements in key markets like Hong Kong and Japan. Banks that leverage Ripple’s infrastructure gain flexible deployment options, ensuring regulatory compliance and efficient asset management.
Expanding Use Cases with Ripple Custody
Ripple Custody goes beyond standard services, offering full operational control and advanced features, such as sub-custody networks and tokenized securities platforms. Additionally, it supports commodity-backed tokens for direct investment in resources like gold, enhancing versatility for clients. Financial institutions benefit from Ripple’s integrated platform, which efficiently manages a range of assets while reducing operational costs.
Presently, Ripple Custody serves clients in over 15 countries, underscoring its global reach and institutional-grade security. As digital assets continue gaining traction, Ripple Custody positions banks to meet demand with comprehensive, innovative solutions. Banks adopting these offerings are equipped to improve security, lower costs, and drive new growth.
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