Ripple Custody Platform Now Live With Major Banks Across Europe, Asia, and Middle East

Gate News message, April 26 — Ripple has deployed its institutional-grade digital asset custody platform, Ripple Custody, with leading financial institutions across multiple regions. The API-first platform integrates with existing banking infrastructure and provides instant wallet provisioning, distributed key management, and configurable governance policies for institutional asset management.

BBVA, DBS Bank, DZ Bank, and Intesa Sanpaolo are currently live on the platform across Europe, Asia, and the Middle East, processing transactions on the XRP Ledger. Real-time compliance is enabled through Chainalysis integration, while Securosys provides hardware security module-grade security. The platform also incorporates institutional staking capabilities through Figment and infrastructure strengthening via Palisade.

Ripple filed a trademark for Ripple Custody in March 2025 and completed platform hardening across security, compliance, scalability, and interoperability layers by late 2025. In Asia, Ripple partnered with Kyobo Life Insurance, one of South Korea’s largest insurers, to explore blockchain-based custody and on-chain settlement. The custody layer addresses a key barrier to institutional adoption of digital assets in regulated financial markets.