News list for " crypto escrow"

Ripple announces the launch of its crypto hosting service, Ripple Custody.

Ripple announced the launch of a crypto custodian service designed to help banks and fintech companies store digital assets. These new features include integration with Ripple's XRP Ledger blockchain platform, anti-money laundering risk monitoring, and a user-friendly interface. Ripple hopes to expand its business beyond its core payment settlement platform, RippleNet, with this move. The company's Ripple Custody brand will offer customers the ability to tokenize real-world assets and allow for ...

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2024-10-10 16:19:38
Crypto custody and trading firm Bakkt is considering a sale or spin-off

According to Bloomberg, citing people familiar with the matter, cryptocurrency custody and trading firm Bakkt is considering a sale or spin-off among numerous strategic options. Bakkt sought the help of a financial advisor to make the decision, though a decision has not yet been made officially. Bloomberg added that the company will likely remain independent. Bakkt offers institutional-grade services such as custody and trading. Despite a 15 percent drop in trading volume, the company still achi...

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2024-06-08 05:40:01