As digital asset market grows, with projections reaching trillions, institutions like Citi and HSBC expect tokenization to transform finance. Crypto exchanges are essential to this evolution, handling digital assets, cross-border payments, and institutional custody. To thrive, Ripple Custody has come up with solutions for crypto exchanges that provide high-security options for managing digital assets.
Ripple Custody and Payments: Flexible and Secure
The platform includes bank-grade self-custody and cold storage, giving exchanges control over key management to cater to a broad range of client needs, from long-term holders to active traders. The customization allows exchanges to easily support emerging asset classes as use case evolve.
Ripple payments, meanwhile, addresses the inefficiencies of traditional cross-border payments, offering real-time, low-cost transactions with complete transparency. This solution removes costly intermediaries providing faster settlements, improved FX rates, and a better user experience, which is vital for attracting institutional investors.
Significant Business Benefits with Ripple Solutions
Integrating XRP’s infrastructure enables exchanges to unlock new revenue streams, such as directional trades, derivative positions, and tokenization asset trading, while offering global payouts in local currencies. XRP’s solutions also reduce compliance costs by ensuring adherence to KYC, AML, and CFT regulations, helping exchanges manage complex global regulations.
By adopting Ripple Custody and Payments, crypto exchanges can streamline operations, reduce costs, and remain competitive. Ripple’s tools provide the flexibility and security needed to support institutional demand, ensuring exchanges are prepared for the future of digital finance.
Also Read: Bloomberg Host Roasts SEC Chairman Gary Gensler: “Trump Would Fire You”
Credit: Source link