BNY Expands Ripple Partnership to Broaden Digital Asset Custody
Bitget2026/10/27 12:05- BNY expanded its collaboration with Ripple to broaden institutional digital asset custody and explore tokenized trade finance.
- Its Digital Asset Custody platform now supports XRP and Ripple's RLUSD stablecoin.
- Planned initiatives include direct RLUSD minting and redemption through the bank, alongside broader custody support for tokenized assets issued on XRP Ledger.
- The partners are exploring a supply chain finance initiative with C2FO to expand investor access to trade finance assets.
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