Ripple Expands Into Traditional Banking with BBVA Partnership

Ripple has partnered with Spanish bank BBVA to provide Bitcoin and Ethereum custody services. This marks Ripple's latest expansion into traditional banking, as financial institutions increasingly seek regulated digital asset solutions for their customers.

The partnership leverages Ripple's institutional-grade self-custody technology platform, which will allow BBVA to serve retail customers who began accessing Bitcoin and Ethereum trading services through the bank in July 2025.

This deal comes after regulatory clarity provided by the European Union's Markets in Crypto-Assets regulation. The framework has enabled banks across the continent to offer digital asset services with greater confidence.