Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business.
Blockchain payments company Ripple has launched digital assets storage services for banks and fintech firms.
According to an Oct. 10 CNBC report, Ripple debuted features that will keep and maintain digital assets for its banking and fintech clients.
The move is part of a push to widen the reach of its newly formed division and consolidates custody products under one brand called Ripple Custody.
