🟩 Ripple Custody Enables Institutional Staking for ETH & SOL — Boosting Yield Access
Ripple has expanded its institutional custody platform by adding staking capabilities for Ethereum and Solana through partnerships with infrastructure provider Figment and security partner Securosys. This move allows regulated banks and custodians to offer staking rewards — without needing to run their own validator infrastructure — making yield-earning services more accessible for institutional investors.
Key Facts:
• Ripple Custody now supports staking for Ethereum and Solana, bringing yield options into its institutional custody workflow.
• Partnering with Figment lets institutions participate in proof-of-stake rewards without building or managing validator nodes.
• High-security hardware security modules (HSMs) from Securosys are integrated to meet enterprise-grade security and compliance standards.
• This development comes as Ripple continues to bolster its custody and compliance stack after acquiring Palisade and integrating Chainalysis tools.
Expert Insight:
By embedding staking into institutional custody services, Ripple is positioning itself as a one-stop institutional platform, helping traditional financial players earn blockchain rewards while mitigating operational risk. While native XRP staking is still not deployed, this upgrade strengthens Ripple’s appeal as a comprehensive infrastructure provider for regulated crypto yield products.
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