Asia Sees Surge in Digital Asset Infrastructure Deals

Ripple and SettleMint have formed a strategic partnership to offer financial institutions solutions for custody, issuance, and management of tokenized assets. This integration will combine Ripple's institutional digital asset custody infrastructure, Ripple Custody, with SettleMint's Digital Asset Lifecycle Platform (DALP). The goal is to provide institutions with a simpler way to secure digital assets.

The partnership aims to address the infrastructure gap hindering the entry of regulated financial institutions into the digital asset market. This gap has been identified as a significant barrier to widespread adoption in the region.

Meanwhile, Coincheck Group has partnered with DFNS to build digital asset wallet technology and custody services in Japan. The integration will enable full transaction lifecycle management, including workflow orchestration and governance controls, under a single platform that supports over 100 blockchain networks.