The firm behind XRP has announced the launch of several new features and functionalities for Ripple Custody. With this, the company aims to improve its custody technology for fintech and crypto users.
Ripple said that custody is an essential aspect of the expanding digital asset economy. By 2030, the value of crypto assets in custody is expected to reach a minimum of $16 trillion, and it is estimated that 10% of the global GDP will be tokenized, according to a recentAmidst this anticipated growth in custody, the San Francisco-based blockchain company has reported significant progress within its own services with Ripple Custody.
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Ripple Expands Custody Business to Offer 'Bank-Grade' Service to Crypto FirmsJamie Crawley is a CoinDesk news reporter based in London.
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