Ripple Teams Up with BBVA for Crypto Custody Services in Spain
Ripple has partnered with Spanish bank BBVA to provide Bitcoin and Ethereum custody services. The agreement 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, allowing BBVA to securely store and manage cryptocurrencies on behalf of its retail customers.
This deal comes after BBVA launched Bitcoin and Ethereum trading services for all Spanish retail customers in July 2025. The bank aims to provide end-to-end custody services directly to customers rather than relying on third-party providers.