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Ripple Expands into Africa with Absa Bank Custody Partnership

Published by
Sohrab Khawas

Ripple has announced a strategic partnership with Absa Bank to offer digital asset custody services for customers in South Africa. Using Ripple’s institutional-grade technology, Absa will provide secure, scalable storage for tokenized assets, including cryptocurrencies. As Ripple’s first major custody partner in Africa, the deal highlights rising demand for reliable digital asset infrastructure across emerging markets and expands Ripple’s global network spanning Europe, Asia, Latin America, and the Middle East.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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