RT JuanGalt.com (@JuanSGalt)Early Riders Backs Aureo with $1.1M for Secure Bitcoin Custody in Latin Americahttps://t.co/Jg1MIYzgCA via @bitcoinmagazine ...

Market Trends & New Products - Synthetix is launching mainnet perpetuals with optimistic orderbooks [1] - Hedge funds with $500 million+ finally get compliant perpetuals access [1] Competitive Landscape - SNX market cap is at $550 million, while GMX captures $40-60 billion monthly volume with $650 million TVL [1] - Mainnet composability with $50 billion DeFi TVL beats L2 speed when institutions need regulated custody [1] Custody & Regulatory Concerns - Coinbase Prime, Fidelity, and Bitgo custody ETH on mainnet but can't touch Arbitrum or Optimism without bridge accounting nightmares [1]

Ripple's Expansion and Partnerships - Ripple is experiencing rapid expansion, marked by frequent updates in ROUSD and custody solutions [1] - Ripple's partnerships with Chipper Cash, Valor, and Yellow Card are facilitating cost-effective and fast money transfers across Africa [2] - Ripple is expanding its presence in the Middle East through partnerships, building on its Dubai regulatory license to accelerate crypto adoption and launch pilot projects [4] - Ripple's global custody network now includes clients across Europe, the Middle East, Asia-Pacific, Latin America, and Africa [12] - Ripple is actively collaborating with the BIS (Bank for International Settlements) on cross-border payments initiatives, aligning with G20 targets [36] ROUSD Adoption and Growth - ROUSD monthly transfer volume increased by almost 100%, specifically 8634%, in the last 30 days, reaching $585 billion [5] - Total value of ROUSD increased by 1524% in the last 30 days, exceeding $840 million [5] - ROUSD monthly transfer volume is projected to reach $6 billion in October, surpassing September's high [6] Ripple Custody and Institutional Adoption - Absa South Africa, a leading African financial institution, is Ripple's first major custody partner in Africa, bringing institutional digital asset custody to South Africa [7] - Ripple's custody solution is considered trusted and meets the highest security and operational standards, confirming its significance in the institutional market [20][21] - Ripple's custody platform enables new use cases across tokenization, digital asset management, and stablecoin issuance, with strong ties to the XRP ledger [30][31] Absa Bank's Role and Influence - Absa Bank has total assets of over 2 trillion South African Rand, approximately $120 billion [32] - Absa Bank plays an active role in shaping economic policy and amplifying Africa's voice on the global stage through its partnerships with the G20 and B20 [35]

Partnership Expansion - OKX expands custody partnership with Standard Chartered into Europe [1] - Partnership allows clients to trade while keeping assets off exchange [1] Industry Impact - The expansion indicates a growing trend of institutional interest in digital asset custody solutions [1] - The move suggests a focus on regulatory compliance and security in the cryptocurrency space [1]

Partnerships & Expansion - OKX is strengthening banking partnerships by integrating Standard Chartered's regulated custody into its European institutional offering [1] - This expansion aims to bridge traditional finance and the future of digital markets securely [1] Institutional Services - The collaboration supports safeguarded collateral mirroring, providing institutions with efficient trading and bank-grade asset protection [1]

Today, we’re excited to announce that @AbsaSouthAfrica, one of Africa’s leading financial institutions, is now @Ripple’s first major custody partner in Africa: https://t.co/sfW8CJIAYlWe’re bringing institutional digital asset custody to South Africa, providing the secure and compliant infrastructure needed to meet rising institutional demand. 🇿🇦 ...

Market Overview - The market experienced a significant collapse last week [1] Security & Custody of Cryptocurrency - Security and custody are crucial for Altcoins and Bitcoin [1] - A system secures $11 billion in BTC [1]

Cryptocurrency Adoption - Walmart's OnePay is set to introduce Bitcoin and Ether trading and custody services on its mobile platform later in 2024 [1]

Legal & Social Impact - Kentucky became the first state to establish 50-50 custody as the default arrangement in divorce cases [1] - Supporters view the law as a victory for fathers' rights [1] - Critics express concerns about potential risks to children in certain situations [1]

RT Crypto.com Exchange (@Cryptocom_Exch)https://t.co/8x0UJOBPK7 Custody Trust Company is officially SOC1 Type 2 and SOC2 Type 2 certified 🤝✅ Independently audited✅ Best-in-class security and data privacy✅ Institution-ready financial controls🏛️ These certifications reflect our ongoing commitment to transparency, governance, and robust security for our institutional clientsLearn more about Custody👇https://t.co/3HZS8RBNCr ...