BNY Expands Ripple Partnership to Broaden Digital Asset Custody

Bitget2026/10/27 12:05

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BNY expanded its collaboration with Ripple to broaden institutional digital asset custody and explore tokenized trade finance.
Its Digital Asset Custody platform now supports XRP and Ripple's RLUSD stablecoin.
Planned initiatives include direct RLUSD minting and redemption through the bank, alongside broader custody support for tokenized assets issued on XRP Ledger.
The partners are exploring a supply chain finance initiative with C2FO to expand investor access to trade finance assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Bank of New York Mellon Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20261027197402) on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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