Ripple and BNY expand partnership to custody XRP and RLUSD

Ripple and BNY have expanded their partnership to provide custody for XRP and RLUSD, aiming to accelerate institutional adoption of digital assets within mainstream financial services. Furthermore, the two organizations are exploring tokenized trade finance on the XRP Ledger. This collaboration is intended to revolutionize global finance by enhancing asset management and liquidity. These strategic moves integrate digital assets into traditional systems, leveraging the XRP Ledger to modernize financial infrastructure and institutional asset handling.