• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple Expands Services with 'Ripple Custody' Trademark

user avatar

by Giorgi Kostiuk

6 hours ago


Ripple, known for its XRP token, has filed a trademark application for 'Ripple Custody', indicating its intentions to venture into digital asset custody and management services.

Details of Ripple's New Application

On February 25, 2025, Ripple filed a trademark application for 'Ripple Custody' in the US. The filing covers a broad range of services, including software for custody, transmission, and management of both cryptocurrencies and traditional currencies. It also includes custody services for financial management.

Opportunities and Development Directions

The application includes various service categories: software for digital currency storage and transmission, financial asset custody and management, and Software as a Service (SaaS) for temporary software use. Peer-to-peer network services for electronic transmission of financial data are also offered.

Industry Impact and Significance

Ripple's 'Ripple Custody' trademark filing might lead to the development of a crypto wallet. While not explicitly mentioned, such steps suggest Ripple's expansion into digital asset management and storage. This could strengthen the company's position in the crypto ecosystem and attract more institutional clients needing secure asset custody services.

Ripple's plans to enter the asset custody market could significantly shift the industry landscape. The custody market is expected to grow to $100 billion within the next decade, making Ripple's moves crucial for meeting institutional clients' needs.

0

Share

Other news

Bitcoin: Price Consolidation and Investor Comeback

BTC price stabilizes as investors return amidst gold rally.

user avatarGiorgi Kostiuk

2 minutes ago

Investing in Meme Coins: A New Wave of Opportunities

Meme coins are back in the spotlight, combining humor and investment potential.

user avatarGiorgi Kostiuk

3 minutes ago

Metaplanet Launches New Bonds to Increase Bitcoin Reserves

Japanese firm Metaplanet issues $13.35M in bonds to buy Bitcoin, continuing its BTC asset growth strategy.

user avatarGiorgi Kostiuk

3 minutes ago

Cryptocurrency Pyramid Scheme Uncovered by Spanish Police with $32.6 million in Damages

Spanish police exposed a major crypto pyramid scam, defrauding 3,600 victims of $32.6 million, arresting 8 individuals.

user avatarGiorgi Kostiuk

3 minutes ago

LIBRA Token Scandal: Deception and Lawsuit Against Kelsier Ventures

Burwick Law filed a lawsuit against Kelsier Ventures and partners for deception in the LIBRA token launch, seizing millions from the market.

user avatarGiorgi Kostiuk

7 minutes ago

Cumberland SG Secures MPI Licensing: Impact on Crypto Firms

Cumberland SG gains in-principle MPI license approval from MAS, bolstering its position and aiding Singapore's crypto market growth.

user avatarGiorgi Kostiuk

7 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.