Crypto
Ripple Unveils Integrated Tokenization Solution for Traditional Finance Institutions
Ripple has teamed up with blockchain infrastructure company SettleMint to develop an integrated solution for financial institutions to issue, custody and manage tokenized assets.
The partnership aims to expand tokenization adoption among traditional financial institutions in the Asia-Pacific region by linking Ripple's institutional custody service, Ripple Custody, with SettleMint's Digital Asset Lifecycle Platform (DALP).
Ripple is investing in related companies and positioning real-world asset (RWA) tokenization on the XRP Ledger as a core area of its institutional business.