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Ripple Launches Custody Services
Ripple has launched digital asset custody services for banks and fintech firms, bringing these offerings together under the new Ripple Custody brand. The service includes integration with the XRP Ledger, operational settings, and Anti-Money Laundering monitoring, addressing the growing demand for secure crypto storage as institutions look to invest in digital assets. This consolidation could push Ripple's price back to $0.60 before facing legal challenges from the SEC.