Partnerships and Expansion - Ripple is partnering with BBVA to expand its institutional-grade digital asset custody technology to Spain, responding to growing customer demand for crypto assets [1][10] - BNY Global has been selected as the primary reserves custodian for RLUSD, managing $50 trillion in assets [5] - Deca Bank is rolling out crypto trading and custody services for institutions built on Ripple custody [6] - DZ Bank, part of a network of 700 cooperative banks in Germany, is using Ripple custody for tokenized bonds and crypto assets [7][8][9] Ripple's Technology and Services - Ripple custody provides a secure and compliant solution for tokenized assets, including crypto assets [10][25] - Ripple's custody technology enables financial institutions to offer crypto trading to their customers [20] - XRP is highlighted as a key component for tokenized assets on the XRP ledger [23][24] - Ripple provides custody technology to BBVA in Turkey and Switzerland [28] Market Trends and Regulatory Environment - Banks are embracing digital assets due to regulatory clarity from frameworks like the EU's MiCA regulation [19][26] - Financial institutions want to offer crypto trading to their customers [19] - BBVA has 772 billion euros in assets and 772 million customers [21]
Banks Are OFFICIALLY Going ALL IN On Ripple & XRP (Pay Attention!)
NCashOfficial - Daily Crypto & Finance Newsยท2025-09-10 16:01