Ripple has expanded its institutional digital asset custody platform, adding new staking and security capabilities designed for banks and regulated custodians. The update introduces integrations with Securosys and Figment, aimed at simplifying how institutions manage crypto assets and participate in proof-of-stake networks.
Hardware Security Modules and Validator-Free Staking
The new setup allows institutions to deploy custody and staking services without running their own validators or building complex key-management systems. By integrating hardware security modules, Ripple enables cryptographic keys to be managed either on-premises or in cloud environments, aligning with enterprise security and compliance standards.
Through Figment’s infrastructure, institutional clients can now offer staking on networks such as Ethereum and Solana, with compliance checks embedded directly into transaction workflows. This approach reduces operational risk while lowering the technical barrier to entering staking markets.
Broader Push Into Institutional Infrastructure
The custody expansion builds on Ripple’s recent acquisition of Palisade and its integration of blockchain analytics tools for compliance monitoring. Together, these upgrades reflect Ripple’s broader strategy to grow beyond cross-border payments into custody, treasury management, and post-trade services for regulated entities.
Rising Institutional Demand for Staking Services
Institutional interest in staking continues to grow as proof-of-stake networks mature. Recent industry moves show major custodians expanding staking support across multiple blockchains, while parallel efforts are emerging to generate yield from non-staking assets like Bitcoin.
Ripple’s latest integrations position its custody platform to meet rising institutional demand for secure, compliant, and scalable digital asset services.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.