Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Absa Deploys Ripple's Custody Platform for Crypto and Tokenized Assets

Guavy AI Editorial Team
Instruments
BTC XRP
Share

Ripple's custody infrastructure has been integrated into Absa Corporate and Investment Banking in Africa. This partnership allows institutional clients to store and manage cryptocurrencies, including Bitcoin and XRP, as well as tokenized real-world assets.

Absa Head of Digital Product, Custody Robyn Lawson stated that the bank chose Ripple's technology due to its high security and operational standards.

This move is significant for XRP as it expands Ripple's presence in Africa. Absa manages over 2.07 trillion South African rand ($119.5 billion) in assets, making it a major banking partner for Ripple in the region.

More on Crypto

Crypto just now

HIVE Revenue Surges 73% as Company Secures $180M in Contracted HPC Deals

Crypto just now

Bitmain Touts Wind-Powered Mining at Hong Kong Conference

Crypto just now

Mexico Raids Remote Cryptocurrency Mining Operation, Uncovering Organized Energy Theft Network

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy