Overview
- Ripple integrated Securosys CyberVault HSM and CloudHSM into Ripple Custody, offering on‑premises or cloud options that let banks retain direct control of cryptographic keys.
- Through a partnership with Figment, custody clients can offer Ethereum and Solana staking within custody workflows without running validator infrastructure.
- The update builds on Ripple’s Palisade acquisition for scalable wallets and the incorporation of Chainalysis tools that screen transactions in real time before assets move.
- Ripple says the consolidated security, compliance, and staking capabilities reduce procurement complexity and help institutions go live faster at enterprise scale.
- Coverage also notes reported progress on European licensing in the UK and preliminary approval in Luxembourg, while XRP Ledger currently has no native protocol staking.