CMC News

Ripple Expands Custody Platform With New Integrations

#Ripple has added hardware security modules and staking capabilities to its institutional custody platform through partnerships with Securosys and Figment, according to a Monday announcement. The integrations allow banks and custodians to deploy custody services and offer staking on networks such as $ETH and $SOL without operating their own validator or key-management infrastructure.

The upgrades build on Ripple's acquisition of Palisade and its integration of Chainalysis compliance tools. Regulated institutions can now manage cryptographic keys using on-premises or #cloud-based hardware security modules while embedding compliance checks directly into transaction workflows for client accounts.

Ripple stated the changes reduce deployment complexity and support faster rollout of custody services for institutional clients. The company has expanded beyond payments into custody, treasury, and post-trade services for regulated financial institutions as demand for digital asset infrastructure grows among traditional finance participants.

The #blockchain infrastructure provider issues the $XRP token and launched the dollar-pegged stablecoin #RLUSD in December 2024. Ripple operates as a U.S.-based company that provides payment and custody technology to banks and other financial institutions globally.

The announcement follows Ripple's January launch of a corporate treasury platform integrating traditional cash management systems with digital asset infrastructure. That product allows companies to manage fiat and #crypto holdings through unified dashboards and reporting tools designed for finance teams at regulated entities.

Institutional interest in staking has increased as proof-of-stake networks mature and regulatory frameworks develop.