Ripple and SettleMint Team Up on Asia-Pacific Digital Asset Custody Solutions
Ripple has partnered with SettleMint to provide digital asset custody solutions for financial institutions in the Asia-Pacific region. The integration will combine Ripple Custody with SettleMint's Digital Asset Lifecycle Platform, allowing institutions to manage tokenized assets from issuance through ongoing administration.
The partnership aims to reduce operational complexity for banks and other regulated players that want to hold tokenized assets. This is a key step in addressing the 'infrastructure gap' that has hindered crypto adoption inside regulated finance.
Meanwhile, Coincheck Group announced a separate push in Japan towards institutional-grade custody and wallet technology, partnering with DFNS to deliver wallet-as-a-service capabilities.