Ripple announced an acquisition of digital asset platform Standard Custody and Trust Co. Headquartered in New York, this deal is awaiting regulatory approval

final.

Once the acquisition is completed, Ripple will become the sole holder of Standard Custody’s shares, in an effort to benefit from the platform’s temporary credit and money transfer services licenses in order to expand the package of regulatory licenses that it #XRP⁩.📢🚨 has.