News View Non-AMP

XRP News: Ripple, Garanti BBVA, IBM Team Up to Boost Crypto Security in Turkey

Published by
Qadir AK

In an exciting move for the Turkish crypto market, Garanti BBVA has announced a partnership with Ripple and IBM to enhance its crypto trading platform, offering advanced security and custodial services to its growing customer base. This collaboration marks a significant step forward, especially as Garanti BBVA Kripto is the first major client to adopt Ripple’s newly launched Ripple Custody solution.

Read on to discover what this partnership really entails.

Better Technology, Better Security!

By combining the strengths of Ripple and IBM, Garanti plans to deliver top-tier security features, including advanced data encryption and a solid governance framework designed to protect client assets. This strategic alliance will help the bank manage risks from malicious actors, ensuring a secure trading environment for over 14,000 users.

“We’re thrilled to partner with Garanti BBVA Kripto to bolster the development of Türkiye’s vibrant crypto asset market. Secure custody is foundational to unlocking value and addressing the growing demand for new asset classes across the digital economy.” – Aaron Sears, SVP of Global Customer & Partner Success at Ripple

This partnership will not only enhance the performance and security of Garanti’s crypto trading platform but also integrate embedded Hardware Security Modules (HSMs) with top certifications. This added protection will significantly strengthen defenses against cyber threats, boosting user confidence.

  • Also Read :

Looking Ahead: Innovation and Growth for Ripple!

Despite facing ongoing challenges, including a legal battle with the SEC, Ripple remains focused on innovation and continues to provide transformative solutions to the cryptocurrency industry. Alongside this partnership, Ripple is also preparing for a potential IPO within the next 12 months.

Is this a step in the right direction for the Turkish crypto market? Let us know your thoughts!

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Ether Machine Now Owns More Eth Than the Ethereum Foundation

As Ethereum marks a decade of innovation, The Ether Machine is making noise, with a…

July 31, 2025

Bitcoin Penguins Are Taking Over – Is This the Next Meme Coin Craze?

Bitcoin Penguins has arrived onto the presale scene in style, creating a massive viral buzz…

July 31, 2025

Ethereum Turns 10 – Will ETH Price Breakout to $4k Next?

Ethereum today has completed a decade in the industry. With more than just celebration, it’s…

July 31, 2025

Crypto Market Slows Down as September Rate Cut Odds Drop to 43% After Powell’s Speech

Many crypto traders were hoping for a rate cut in September, but Federal Reserve Chair…

July 31, 2025

XRP Breakout Ahead? Technical Outlook Suggests $5 as Initial Bullish Target

Ripple recently won its legal case against the SEC, bringing back confidence among investors and…

July 31, 2025

CoinDCX Employee Arrested in $44M Crypto Theft

Rahul Agarwal, a CoinDCX employee, was arrested for his connection to a major $44 million…

July 31, 2025