“Ripple Custody” Trademark Filed: Ripple Expands into Crypto Storage

• Ripple Custody aims to offer secure storage solutions for institutions in the growing custody sector.  
• Ripple’s custody services could drive more XRP Ledger transactions and expand asset types.  
• Ripple’s potential crypto wallet could diversify revenue streams and appeal to institutional clients.

Ripple has applied for the trademark “Ripple Custody” in the United States, indicating a move in its strategy to expand into the institutional asset custody sector. This filing, which was submitted on February 25, 2025, has yet to be assigned to an examiner.

The “Ripple Custody” service is intended to offer secure storage solutions for both cryptocurrencies and fiat currencies, targeting institutional clients such as banks and corporations.

By entering the growing custody sector, Ripple is looking to boost its revenue beyond its usual financial services offerings. With more institutions adopting digital currencies, the custody market is projected to top $20 trillion, presenting a significant opportunity for Ripple to increase its influence in the crypto world.

The trademark application indicates Ripple’s plan to develop both downloadable and cloud-based …

The post “Ripple Custody” Trademark Filed: Ripple Expands into Crypto Storage appeared first on Coin Edition.