The financial landscape is rapidly evolving, with digital assets and blockchain technology poised to transform how global wealth is managed. As institutions increasingly explore this burgeoning sector, the demand for robust, secure, and compliant solutions that mirror the reliability of traditional finance has become paramount. Ripple is positioning itself at the forefront of this shift, offering a comprehensive solution for the anticipated surge in tokenized assets.
The Future of Tokenized Assets
Ripple anticipates a significant shift towards tokenization, projecting that at least 10% of all global assets will be tokenized and traded on-chain within the next five years. This monumental transition underscores a critical need for secure infrastructure, as financial institutions seek digital asset custody solutions offering impenetrable security and seamless trading access, comparable to the services they've long relied upon for conventional assets. This growing market is expected to see crypto assets under custody reach an astounding $16 trillion by 2030.
Ripple Custody: A Comprehensive Solution for Institutions
To meet these evolving institutional demands, Ripple offers Ripple Custody, a comprehensive solution designed to enable financial entities to operationalize digital asset potential. This platform provides three crucial use cases. Firstly, it ensures core safekeeping with bank-grade infrastructure, robust compliance frameworks, and high reliability, vital for preventing the permanent loss or unauthorized access to valuable digital assets due to lost private keys.
Enhancing Digital Asset Operations and Compliance
Beyond safekeeping, Ripple Custody empowers institutions with stablecoin issuance capabilities. Recognizing the growing utility of stablecoins for payments, remittances, and collateral, the solution allows clients to mint, burn, and manage their stablecoins on the XRP Ledger or any EVM-compatible blockchain. Ripple even offers its own ready-made stablecoin, RLUSD, for institutions seeking an immediate solution. Finally, the platform assists institutions in configuring their digital asset governance policies, helping them navigate and align with complex regulatory demands in the ever-changing crypto landscape.
