- Ripple has integrated Securosys and Figment to allow banks to secure cryptographic keys and stake assets like Ethereum and Solana.
- The launch of “Ripple Treasury” and the partnership with Riyad Bank enable institutions to manage cash, XRP, and RLUSD while testing faster cross-border settlements.
- These upgrades consolidate security, compliance, and yield services into a single platform designed to accelerate digital asset adoption for global financial institutions.
Ripple Labs said on Monday it expanded its institutional custody platform by integrating Securosys and Figment.
According to the press release, the Securosys integration adds hardware security modules, letting banks and custodians manage cryptographic keys on-premises or in the cloud. Moreover, the Figment integration is aimed at enabling staking services without clients having to run their own validator or build key-management infrastructure.
Institutions require absolute confidence in how cryptographic keys are secured and managed. By integrating our CyberVault HSM with Ripple Custody, institutions gain an out-of-the-box, enterprise-grade solution that can be deployed quickly, without added complexity, while retaining full control over their cryptographic keys.
Robert Rogenmoser, CEO of Securosys.Related: Bitcoin Slump Hits Saylor’s Strategy at the Worst Possible Moment
Ripple Keeps Expanding
The custody stack now includes embedded Chainalysis compliance checks in transaction workflows and builds on its recent Palisade acquisition. It said the goal is to cut deployment complexity and speed up institutional rollout of custody and staking, including on networks such as Ethereum and Solana.
Ripple, which also created the dollar-pegged stablecoin RLUSD, has expanded beyond payments into custody and related infrastructure. Take, for instance, the recent launch of Ripple Treasury, which basically mixes traditional cash management with digital asset systems. More specifically, it combines Ripple’s distributed ledger capabilities with Gtreasury’s corporate software.
Likewise, Ripple signed an agreement with Jeel, the innovation arm of Saudi Arabia’s Riyad Bank, to run test cross-border payments, digital asset custody, and asset tokenisation.
In similar news, Ripple’s CEO, Brad Garlinghouse, expects the crypto market to hit a new record in 2026, telling CNBC he’s “very bullish” thanks to things like the CLARITY Act, which would give the market an established, legal framework.
Read more: House Democrats Probe Trump-Linked Crypto Firm Over $500M UAE Investment
Credit: Source link
