Key Highlights: The Bank of New York Mellon Corp. (BNY) has expanded institutional access to $XRP and Ripple USD ($RLUSD) through its Digital Asset Custody platform. Privy and Robinhood Markets Inc. have partnered with Ripple to integrate $XRP and $RLUSD into programmable wallets, institutional settlement, and corporate treasury management. Ripple secured final regulatory approval for ...
Key Highlights: Google has introduced a new security service designed to safeguard cryptocurrency assets by splitting private keys across separate systems. The architecture enables distributed transaction signing across multi-cloud and on-premises infrastructure, such as Google Cloud, private hardware, and alternative cloud providers. In addition to key management, the platform supports policy enforcement, including transaction transfer ...
Key Highlights: Itaú Unibanco has become the first bank in Brazil to formalize its cryptocurrency trading and custody operations under the nation’s new digital-asset regulatory framework. The financial institution submitted its official notification and independent technical certification to the Central Bank of Brazil ahead of the October 30 deadline mandated by Resolution 520. Under the ...
Key Highlights: Ripple has secured approval to establish Ripple National Trust Bank, allowing the firm to provide specific banking services under federal supervision. The new entity will act as a collateral trustee, oversee reserves for the U.S. dollar-pegged stablecoin $RLUSD, and offer digital asset custody for institutional clients. Issuance of $RLUSD remains under New York ...
Key Highlights: Institutional custody models now account for more than 30% of digital assets outside of centralized exchanges, according to Boston Consulting Group (BCG). Major financial institutions are shifting away from outsourced services toward licensed self-custody infrastructure, tokenization, and multi-custodian orchestration layers. Standard Chartered has introduced institutional Ripple USD ($RLUSD) custody via its Dubai branch, ...
Key Highlights Payward, the parent company of cryptocurrency exchange Kraken, has received in-principle regulatory approval from the Astana Financial Services Authority (AFSA) in Kazakhstan. The preliminary permissions for Payward Kazakhstan cover digital asset trading, investment dealing as both principal and agent, and digital asset custody within the Astana International Financial Centre (AIFC). A formal customer ...
Key Highlights BitGo has introduced Stablecoin-as-a-Service, a regulated stablecoin issuance solution for banks, fintechs, and corporations. The offering combines custody, reserve management, minting, burning, and compliance tools through an existing infrastructure framework. Institutions remain responsible for their own legal and compliance reviews, with the service designed to align with U.S. licensing frameworks such as the ...
Key Highlights Ripple has announced two new partnerships aimed at expanding services for global financial institutions, headlined by an alliance with brokerage platform DriveWealth. DriveWealth will integrate Ripple’s stablecoin infrastructure, utilizing RLUSD on the XRP Ledger for transaction settlements across Europe before expanding into the United States. The collaboration covers cross-border funding through Ripple Payments ...
Key Highlights: Digital asset custody firm BitGo is rolling out a new institutional service designed to bolster stablecoin management and regulatory compliance. Broader crypto market participants are displaying cautious optimism toward institutional infrastructure innovations despite varied short-term market momentum. Market analysts and traders are monitoring how BitGo’s offering will affect institutional stablecoin adoption rates and ...
Key Highlights: Jeonbuk Bank is rolling out corporate bitcoin-backed lending by leveraging revised Civil Enforcement Rules that permit court-ordered recovery without requiring the bank to hold direct custody of the digital assets. The South Korean lender established a digital-asset valuation model and ran stress tests on bitcoin, choosing the cryptocurrency for its high market capitalization, ...
Key Highlights: Ripple is advancing efforts to establish its $RLUSD stablecoin as a key settlement and collateral asset across institutional trading systems. Following a $150 million financing deal with LMAX in January, Ripple aims to integrate $RLUSD directly into collateral infrastructure rather than restricting it to spot settlement. Global banking giant Standard Chartered continues its ...
Key Highlights: Standard Chartered provides digital asset custody services to eligible corporate clients via its Dubai International Financial Centre (DIFC) branch. The bank is collaborating with Ripple and LMAX Group to enable Ripple’s $RLUSD stablecoin to serve as collateral under its Collateral Mirroring model. The initiative allows institutional investors to access trading liquidity and mitigate ...