Ripple has filed a trademark for “Ripple Custody” as part of its strategy to expand into the growing custody sector. The filing includes downloadable and cloud-based software to protect cryptocurrencies and fiat currencies. Ripple has made significant investments in custody offerings, acquiring key industry players like Metaco and Standard Trust. The company aims to provide secure storage and management of digital and traditional assets for institutional clients, with plans to integrate with DeFi and Web3 applications. Ripple’s regulatory approval in Dubai and potential resolution of its legal battle with the SEC could further impact its position in the market.
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