The new integrations enable banks and custodians to deploy custody and staking services without operating their own validator or key-management infrastructure.
Ripple said on Monday it has expanded its institutional custody platform through new integrations with Securosys and Figment.
The company said it is adding hardware security modules to enable banks and custodians to deploy custody services and offer staking without necessarily operating their own validator or key-management infrastructure.
Building on Ripple’s recent acquisition of Palisade and the integration of Chainalysis compliance tools, the custody upgrades allow regulated institutions to manage cryptographic keys using on-premises or cloud-based HSMs and to offer staking on networks such as Ethereum (ETH) and Solana (SOL), with compliance checks embedded directly into transaction workflows.
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Source: https://cointelegraph.com/news/ripple-expands-institutional-custody-stack-with-staking-and-security-integrations?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
