Ripple accelerates custody push to power global tokenization, says John Deaton

Ripple is intensifying its focus on cryptocurrency custody services, which is viewed by John Deaton as a long-term vision that could significantly uplift XRP prices and establish Ripple as a leader in the blockchain integration space.

The company’s acquisitions, including Metaco and Standard Custody, signify its commitment to the custody market. Through its RLUSD stablecoin, Ripple seeks to facilitate easier tokenization of real-world assets, aiming to capture a significant share of the growing market.

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