Ripple, SettleMint Team Up for Asia-Pacific Digital Asset Expansion

Ripple has announced a partnership with SettleMint to expand digital asset adoption in Asia-Pacific.

The joint solution integrates Ripple Custody with SettleMint's Digital Asset Lifecycle Platform (DALP), providing regulated financial institutions with a connected system for custody, issuance, compliance, settlement, and servicing.

SettleMint said its platform supports tokenized real-world assets after issuance rather than focusing only on token creation. It manages functions such as compliance, custody, settlement, and servicing through a governed framework.

The partnership comes as regulated XRP investment products continue to grow in the United States. Bitwise's XRP ETF held about 365.35 million XRP worth $507.23 million as of August 30, according to the fund's official data.