Ripple Enhances Institutional Custody Solutions with New Integrations

Ripple is bolstering its institutional offerings by adding staking and security features, allowing banks to enhance custody services without complex setups.

Ripple has announced the enhancement of its institutional custody platform through the introduction of new staking and security integrations. This innovative move allows banks and custodians to offer both custody and staking services seamlessly, without the necessity of managing their own validator nodes or key-management systems.

By leveraging these integrations, financial institutions can simplify their operations and focus on delivering enhanced services to their clients. This development is particularly significant as it lowers the barriers for banks wishing to engage in digital asset management, streamlining the process and improving overall efficiency.