Ripple has announced a major upgrade to its crypto custody services, providing bank-grade solutions tailored for fintech and crypto companies. The enhanced Ripple Custody platform now features advanced compliance tool integration, expanded hardware security module (HSM) options, and support for tokenizing real-world assets on the XRP Ledger (XRPL).
These upgrades include:
- Pre-configured policy frameworks for ease of use.
- An improved user interface for seamless navigation.
- Enhanced security to meet global banking and financial institution standards.
Aaron Slettehaugh, Senior VP of Product at Ripple, stated that the platform is designed to meet the needs of high-growth crypto and fintech companies, ensuring secure and scalable digital asset custody.
With this update, Ripple's platform now allows businesses to directly issue and transfer cryptocurrencies, fiat currencies, and real-world assets via the XRPL, opening new opportunities for seamless digital asset management.
Ripple is setting new standards in crypto custody, ensuring secure and compliant solutions for the evolving digital landscape!
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