Blockchain payments company Ripple is expanding its institutional digital asset custody services through new partnerships designed to strengthen security infrastructure and broaden staking capabilities for large financial clients.
The company announced collaborations with cybersecurity provider Securosys and staking infrastructure firm Figment, moves aimed at helping banks, asset managers, and regulated institutions deploy digital asset custody solutions more quickly while meeting compliance and security requirements.
Enhanced Security for Institutional Custody
Under the partnership with Securosys, Ripple will integrate high-security hardware security module (HSM) technology into its custody platform. These systems allow institutions to manage cryptographic keys directly while maintaining strong security protections across both cloud-based and on-premises environments. Industry analysts say such infrastructure is increasingly important as financial institutions seek enterprise-grade storage solutions for digital assets.
Institutional Staking Added to Custody Services
Ripple’s collaboration with Figment will enable institutional clients using its custody platform to access staking services for proof-of-stake blockchain networks, including Ethereum and Solana. By offering staking as part of custody workflows, financial institutions can participate in blockchain network validation and earn staking rewards without building their own validator infrastructure.
Part of Broader Institutional Expansion Strategy
The new partnerships follow a series of recent developments in Ripple’s institutional services, including expanded compliance integrations and infrastructure upgrades intended to support regulated financial institutions entering the digital asset market. Analysts note that as institutional participation in cryptocurrencies grows, demand for integrated custody, compliance, and staking solutions has increased significantly.
Growing Institutional Focus in the Digital Asset Sector
Ripple’s latest moves reflect a broader industry trend in which financial technology firms are building infrastructure tailored to banks, custodians, and large enterprises seeking exposure to digital assets. As regulatory clarity gradually improves in several jurisdictions, market participants expect institutional-grade custody and asset management platforms to play a larger role in the next phase of digital asset adoption.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
As investors start looking beyond Bitcoin, altcoins are once again gaining attention for their higher…
Global cryptocurrency exchange Echobit has officially launched its anniversary celebration campaign, centered around a month-long…
Today, “Dark pool” has suddenly become one of the most searched market terms after a…
Five long-dormant wallets transferred 107 Bitcoin — worth roughly $8.3 million — to a burn…
A new analysis is drawing attention across the XRP community after connecting a series of…
South Korea has seen cryptocurrency trading activity fall to around one-tenth of stock market levels…
