Ripple Custody Platform Upgrade: Added Ethereum and Solana Staking, Lowering Institutional Entry Barriers Further

ETH-2,88%
SOL-3,15%
XRP-3,61%
BTC-1,11%

Ripple announces the addition of Ethereum and Solana staking support to its institutional-grade custody platform, and through technical integrations with Securosys and Figment, provides banks and financial institutions with a more secure, compliant, one-stop digital asset management solution. This upgrade is seen as an important step for Ripple to transition from cross-border payments to a comprehensive blockchain infrastructure provider.

According to official disclosures, the new platform has integrated Securosys’s Hardware Security Module (HSM), enabling secure management of private keys in both cloud and on-premises environments, meeting high standards for asset security and audit compliance required by regulators. Additionally, with Figment’s node and staking technology, custodial clients can participate in PoS network staking without building their own validators, allowing them to earn on-chain rewards on major public chains like Ethereum and Solana.

This expansion builds on Ripple’s recent acquisition of Palisade and integration of Chainalysis risk management tools. Compliance checks are now embedded directly into the transaction process, further simplifying the technical complexity for institutions deploying custody and staking services. Ripple states that its goal is to help banks and custodians launch digital asset services more quickly while lowering operational barriers.

Headquartered in San Francisco, USA, Ripple also issues the XRP token and the RLUSD stablecoin. In recent years, the company has continuously expanded beyond payments into custody, treasury management, and digital asset infrastructure.

As PoS networks mature, institutional interest in staking continues to grow. Figment has recently expanded partnerships with multiple custodial service providers to support more mainstream public chain assets. Meanwhile, the market is also exploring Bitcoin yield products, promoting diversification of on-chain financial scenarios.

In this trend, Ripple’s custody upgrade not only enhances its institutional service capabilities but also reflects the accelerated evolution of crypto finance toward “security, compliance, and scalability.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

SUI Will Overtake Ethereum: Mysten Labs Co-Founder Makes Bold Call

A bold statement from Mysten Labs has pushed Sui back into the spotlight, especially as the conversation around scalability and real-world crypto payments continues to evolve. The claim centers on one idea. Future financial systems will demand fast and near-free transactions, and that

CaptainAltcoin10m ago

Tom Lee: The stock market often hits bottom early in a war, bullish on Ethereum and tech stocks

Well-known analyst Tom Lee said in an interview that despite the U.S.-Iran conflict and rising oil prices, the stock market did not fall, showing that the market has strong resilience. He believes that most S&P constituents have undergone significant adjustments, that the worst-case scenario for the overall market may already be behind us, and that there is room for upside from here. He is bullish on Ethereum as well as technology, industrial, and mid- and small-cap stocks.

GateNews58m ago

A whale opened a $4.35 million ETH long position with 10x leverage, planning to take profit at $2,220.

On April 9, a whale address starting with 0x9fa opened an approximately $4.35 million ETH long position with 10x leverage, with an entry average price of $2,179 and a liquidation price of $2,001. Subsequently, the address planned to take profit at $2,220 and place a $4.45 million sell order.

GateNews1h ago

Yesterday, spot Ethereum ETFs recorded net inflows of $13.84 million, with BlackRock’s staking version ETHB seeing inflows of $44.30 million.

According to Gate News, on April 9, Ethereum spot ETFs saw net inflows of $13.84 million yesterday. Among them, BlackRock’s staking version of ETHB performed best, with net inflows of $44.30 million, while the Grayscale series showed more notable net outflows.

GateNews2h ago

SUI Will Overtake Ethereum: Mysten Labs Co-Founder Makes Bold Call

A bold statement from Mysten Labs has pushed Sui back into the spotlight, especially as the conversation around scalability and real-world crypto payments continues to evolve. The claim centers on one idea. Future financial systems will demand fast and near-free transactions, and that

CaptainAltcoin3h ago
Comment
0/400
No comments