Ripple Custody Platform Upgrade: Added Ethereum and Solana Staking, Lowering Institutional Entry Barriers Further

ETH-2,42%
SOL-3,22%
XRP-2,33%
BTC-1,4%

Ripple announces the addition of Ethereum and Solana staking support to its institutional-grade custody platform, and through technical integrations with Securosys and Figment, provides banks and financial institutions with a more secure, compliant, one-stop digital asset management solution. This upgrade is seen as an important step for Ripple to transition from cross-border payments to a comprehensive blockchain infrastructure provider.

According to official disclosures, the new platform has integrated Securosys’s Hardware Security Module (HSM), enabling secure management of private keys in both cloud and on-premises environments, meeting high standards for asset security and audit compliance required by regulators. Additionally, with Figment’s node and staking technology, custodial clients can participate in PoS network staking without building their own validators, allowing them to earn on-chain rewards on major public chains like Ethereum and Solana.

This expansion builds on Ripple’s recent acquisition of Palisade and integration of Chainalysis risk management tools. Compliance checks are now embedded directly into the transaction process, further simplifying the technical complexity for institutions deploying custody and staking services. Ripple states that its goal is to help banks and custodians launch digital asset services more quickly while lowering operational barriers.

Headquartered in San Francisco, USA, Ripple also issues the XRP token and the RLUSD stablecoin. In recent years, the company has continuously expanded beyond payments into custody, treasury management, and digital asset infrastructure.

As PoS networks mature, institutional interest in staking continues to grow. Figment has recently expanded partnerships with multiple custodial service providers to support more mainstream public chain assets. Meanwhile, the market is also exploring Bitcoin yield products, promoting diversification of on-chain financial scenarios.

In this trend, Ripple’s custody upgrade not only enhances its institutional service capabilities but also reflects the accelerated evolution of crypto finance toward “security, compliance, and scalability.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitmine went on a buying spree, snapping up 71,000 Ether in a single week, setting the largest accumulation record since December last year

Bitmine Immersion Technologies increased its holdings by 71,252 Ether units last week, bringing its total to 4.8M units, with a total value of about $10.3 billion. Chairman Tom Lee believes Ether is at the tail end of its winter season and noted its hedging value amid the conflict in Iran. Since the outbreak of the war, Ether has gained a cumulative 6.8%.

区块客43m ago

The Ethereum Foundation teamed up with Biconomy to launch ERC-8211: AI agents can handle multiple DeFi contract interactions in a single transaction

The Ethereum Foundation and Biconomy have teamed up to launch the ERC-8211 standard, enabling AI agents to dynamically execute multi-step DeFi actions within a single signed transaction, determining parameters in real time based on on-chain state and overcoming the static limitations of ERC-4337. This standard does not require a fork at the protocol layer, making it easier for developers to adopt and further accelerating the integration of AI and DeFi automation.

動區BlockTempo2h ago

SUI Will Overtake Ethereum: Mysten Labs Co-Founder Makes Bold Call

A bold statement from Mysten Labs has pushed Sui back into the spotlight, especially as the conversation around scalability and real-world crypto payments continues to evolve. The claim centers on one idea. Future financial systems will demand fast and near-free transactions, and that

CaptainAltcoin4h ago

Bitmine Acquires 71,252 ETH, Nears 4% of Ethereum Supply With Massive Holdings

Bitmine has accumulated 4.8M ETH, nearly 4% of the supply, while expanding staking operations to generate up to $282M annually. With $11.4B in total holdings, the firm plans to list on the NYSE, solidifying its status as a leading Ethereum holder.

CryptoFrontNews6h ago

BlackRock charges an 18% commission on staking rewards for its Ethereum staking ETF; multiple experts assess costs and risks

BlackRock’s iShares Staked Ethereum Trust launched in March under its brand, with a management fee of 0.25% and a staking-reward commission of 18%. Industry insiders believe the commission includes multiple costs, and it may decrease in the future. Some people question whether such a high fee is justified, especially when comparing it to staking rates for retail investors.

GateNews8h ago

Ethereum falls below $2,200, with the 24-hour gain narrowing to 6.1%

Gate News update, April 8, market data shows that Ethereum fell below the $2,200 mark, and the 24-hour gain narrowed to 6.1%.

GateNews9h ago
Comment
0/400
No comments