Ripple Expands Custody Business to Offer 'Bank-Grade' Service to Crypto Firms

Ripple, a provider of digital asset infrastructure, has introduced new functionality to its custody service

The company is associated with the XRP token, which rose as much as 3.75% Thursday, its biggest intraday gain in almost two weeks, Coindesk Indices data show.Ripple, a provider of digital asset infrastructure, added functionality to its custody service to offer crypto businesses"bank-grade" technology for securing digital assets.

The new features include integration with the XRP Ledger, whose developers went on to help found Ripple, expanding liquidity through the provision of XRPL-based tokens and a nativetechnology to fintechs and crypto businesses," the company said Thursday."The amount of crypto assets custodied is expected to reach at least $16T by 2030, and moreover, 10% of the world’s GDP is expected to be tokenized by 2030.

The company bought Switzerland-based crypto custody provider Metaco for $250 million last year. It agreed to buy Standard Custody & Trust Co. in February.. The token subsequently pulled back, but remains over 1.8% higher since midnight UTC, comfortably outperforming the wider crypto market, which has gained just 0.2%, as measured by the CoinDesk 20 Index (.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Ripple CLO Names Key Condition for Ripple Acquiring High Position in US Crypto MarketRipple's top executive makes key statement about crypto regulations and Ripple's future in US market
Fonte: Utoday_en - 🏆 295. / 63 Consulte Mais informação »

Ripple Partners With Brazilian Exchange Mercado Bitcoin to Offer Business-Focused Payments SolutionAndrés Engler is a CoinDesk editor based in Argentina, where he covers the Latin American crypto ecosystem. He holds BTC.
Fonte: CoinDesk - 🏆 291. / 63 Consulte Mais informação »

Ripple Not Reliant on XRP Holders, Business Expert ClaimsA business expert has opined about Ripple's main value proposition
Fonte: Utoday_en - 🏆 295. / 63 Consulte Mais informação »

NASA Expands Small Business, Industry Engagement ResourcesTwo new resources are available for businesses that provide products and services to support NASA’s missions, from supersonic flight to lunar exploration, as
Fonte: NASA - 🏆 672. / 51 Consulte Mais informação »