Ripple Custody Empowers Fintechs: 96% of Institutions Demand Crypto Now

February 13, 2025 by Mishal Ali

Key Takeaways

• Fintechs face a $20 trillion opportunity in crypto custody services.
• 96% of institutions view digital assets as crucial for attracting new customers.
• Secure, compliant custody solutions like Ripple Custody can address rising market demands.

Fintechs and neobanks have changed the face of financial services with digital wallets and real-time cross-border payments. With 10% of global assets to be digital by 2030, fintechs are now poised to grab a big opportunity: institutional digital asset custody.

This market, driven by institutional demand, is a $20 trillion opportunity. Ripple’s latest report shows how fintech can use digital asset custody infrastructure to build trust, enable use cases, and drive growth.

Unlike traditional providers, fintechs are agile and can rapidly deploy advanced solutions like multi-party computation and hardware security modules for private key management. These innovations ensure compliance and security across multiple portfolios, and fintechs are the only ones who can do this in this space.

Ripple Custody Meets Institutional and Retail Demands

The emergence of digital assets as a significant element in the financial landscape has led to unique requirements from both institutional and retail clients. Institutions focus on secure and compliant custody solutions that meet rigorous regulatory frameworks, whereas retail clients, especially in developing regions, desire intuitive interfaces, rapid transaction speeds, and access to liquid markets.

Ripple Custody offers a robust infrastructure designed to meet the needs of both client segments. With its adaptable deployment models, customizable control features, and tokenization capabilities, fintech companies can effectively address a wide range of client demands.

Ripple Custody’s flexibility enables diverse uses like crypto exchanges for institutions, tokenized resources, and collectibles within loyalty programs for consumers. This adaptability allows financial technology companies to broaden income avenues and craft novel solutions without developing costly proprietary custody platforms.

Ripple’s Infrastructure Fuels Growth in Digital Asset Services

Standing apart as a dependable, expansive solution already running in over two dozen regulatory domains, Ripple Custody empowers fintechs to react to shifting client demands. It guarantees the protection, conformance, and productivity of digital asset administration while saving the overhead of an internal solution. Compliant and scalable, Ripple Custody remains a go-to choice for fintechs aiming to efficiently and securely manage rapidly evolving digital assets.

As institutional interest propels market expansion and retail adoption rises, Ripple Custody equips fintechs with the necessary tools to position themselves as leaders in the crypto custody sector.

By implementing Ripple Custody, fintechs can tap into new revenue streams, enhance client confidence, and maintain a leading position in financial innovation. As digital assets continue to reshape the financial environment, fintechs are crucial in influencing the future of secure and compliant asset management.

Related Reading | zkLend’s $9M Ethereum Heist: Can a Bounty Save the Stolen Funds?