Ripple partners with SettleMint to offer governed custody and tokenized asset management for banks

Ripple and SettleMint have partnered to combine custody and token-asset lifecycle tools for regulated institutions, aiming to manage tokenized assets within a single governed operating environment. A Bitcoin.com News report also frames the Ripple–SettleMint deal as potentially affecting how institutional crypto is adopted and integrated ^{[1] [2]}.

One report says the partnership is set to begin in Asia, with expansion planned as financial institutions increase adoption of tokenized products across regulated markets worldwide ^[1].

36Crypto cites projections from BCG that tokenized real-world assets could reach $88 trillion by 2035, and it adds that banks unprepared by then could face substantial profit reductions ^[1].

Coinpedia reports that Uphold said the XRP Ledger has “a leg up” in a bank adoption race ^[3].

Crypto Breaking News reports that Ripple is working with Coincheck on Asia digital-asset custody deals ^[4].