News View Non-AMP

Ripple’s New Trademark Filing Sparks Speculation on Upcoming Crypto Wallet

Published by
Anjali Belgaumkar

Ripple Labs, the blockchain company behind the XRP token, has officially filed for a new trademark for the word mark ‘Ripple Custody.’ The filing, submitted on February 25, 2025, with the United States Patent and Trademark Office (USPTO), includes a broad range of services. Ripple seeks to offer downloadable software for the custody, transmission, and storage of various currencies, including cryptocurrency, fiat currency, virtual currency, and digital currency. The trademark also covers financial services related to the safekeeping of these assets for financial management purposes.

Expanding into Crypto Custody Services

Ripple’s application includes offerings in multiple categories, including:

Downloadable software for custody and transmission of various digital currencies.

Custodial services, maintaining the storage and possession of digital and fiat currencies for financial management.

Peer-to-peer network services, enabling the electronic transmission of financial data over networks for custody and storage.

Software as a Service (SaaS), providing temporary online software for cryptocurrency custody, transmission, and storage.

Ripple’s recent trademark filing for “Ripple Custody” has sparked speculation about whether the company will launch a crypto wallet. The filing shows that Ripple is focused on offering secure storage and management for digital assets. While it doesn’t directly mention a wallet, this move suggests Ripple may expand its services to include wallet features in the future, helping users and businesses manage their cryptocurrencies more securely.

The application is currently in its early stages, with a status of “New Application” and no examiner yet assigned. While the filing process can take several months, Ripple’s move into custody services could further bolster its position within the crypto ecosystem, expanding its reach beyond cross-border payments to secure asset management solutions.

Growing Market for Secure Digital Asset Custody

The global cryptocurrency custody market is expected to surge to $100 billion within the next decade, driven by growing institutional adoption and increasing regulatory clarity. As the demand for secure asset storage solutions rises, Ripple’s strategic moves to expand in this space position the company well to meet the needs of institutional clients, who require secure custody services for their digital assets.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Utility Gems Before the Rise: Why Ruvi AI (RUVI) Could Be the Best Ripple (XRP) Alternative

Ripple (XRP) has long been celebrated as a utility-focused cryptocurrency, particularly for pioneering efficient cross-border…

June 5, 2025

Top AI & Big Data Projects to Consider in Q3 2025: LINK, ICP, NEAR, LPT & INJ

Artificial Intelligence (AI) and Big Data are transforming cryptocurrency by providing tools for analysis, prediction,…

June 5, 2025

Is Ozak AI the Next Altcoin Superstar After Bitcoin and Ethereum?

Cryptocurrency market evolves, investors constantly seek the next breakout project—one that offers real-world utility, disruptive…

June 5, 2025

Why Pi Network Binance Listing Didn’t Happen After Community Vote?

Despite Pi Network securing 86.8% support in Binance’s February 2025 vote to list, Pi Coin…

June 5, 2025

3 Top Cryptos For Generational Wealth in 2025

Crafting generational wealth in 2025 demands sharp focu on the best cryptos to buy now.…

June 5, 2025

Solana’s $500M Reserve Sparks Altcoin Frenzy: Why Kaanch Could Be the Next 100x Gem

The announcement of a $500 million convertible note deal by Classover Holdings to establish a…

June 5, 2025