Ripple has also improved its institutional tools by “upgrading Ripple Custody with advanced security, hardware, and services.”
The aim of the company is to improve digital asset infrastructure and attract banks, funds, and regulated global entities.
Ripple has continued to improve its institutional offering by enhancing its custody offering with strategic partnerships. Ripple transformed its custody offering with the integration of strategic partners. The company also integrated hardware security modules with its custody offering, with a view to providing digital asset protection. Ripple also partnered with Figment, a company specializing in staking, to integrate the offering with its institutional custody product. The offering enables regulated institutions to provide staking services for Proof of Stake networks.
This step by upgrades at Ripple Custody aims at attracting banks, funds, as well as corporate clients, all of whom need compliant crypto offerings. This u
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