Ripple Partners with BBVA to Offer Secure Bitcoin and Ethereum Custody Services
Ripple has partnered with Spanish bank BBVA to offer Bitcoin and Ethereum custody services. This move marks Ripple's latest expansion into traditional banking, as financial institutions increasingly seek regulated digital asset solutions.
The partnership leverages Ripple's institutional-grade self-custody technology platform, allowing BBVA to provide secure storage for retail customers who have been accessing Bitcoin and Ethereum trading services since July 2025. BBVA aims to offer end-to-end custody services directly to customers rather than relying on third-party providers.
The deal comes after the European Union's implementation of the MiCA regulatory framework, which has provided regulatory clarity for digital assets in Europe. This move has accelerated institutional adoption across the banking sector, with several major developments emerging as a result.