Key Points
- Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part of a broader push into crypto custody.
- Crypto custody, a type of service that helps clients crypto assets, is a nascent business for Ripple, which has consolidated its efforts under a single brand called Ripple Custody.
- Ripple is primarily known for the XRP cryptocurrency and RippleNet, a distributed interbank payment settlement platform.
