Ripple Expands Custody With Securosys HSM, Figment Staking, Targets Institutional Boom
Key Takeaways:Ripple Strengthens Institutional Custody InfrastructureEnterprise-Grade Key Management and ComplianceFigment Partnership Adds Institutional Staking CapabilitiesFaster Time-to-Market for Banks Entering Crypto
Ripple markets the widened custody stage as a full-fledged enterprise solution that is both security- and compliance-based as well as yielding. The stack ceiling level-offs friction amongst financial institutions who desire to squeeze digital assets but require well-grounded operation shields.
The enhancements are based on previous platform improvements such as scalable wallet transfers and embedded compliance analytics. In total, Ripple will fight in the increasingly institutional custody business, where demand is soaring as banks prepare to enter the regulated digital asset application business.
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