Institutional demand for secure digital asset services is rising fast, and Ripple custody is being upgraded to capture this growing segment with new capabilities.
Summary
Ripple strengthens institutional custody with new partners
Ripple has unveiled a series of strategic partnerships to enhance its institutional custody platform, Ripple Custody, widening its role as a leading institutional digital asset custody solution. New collaborations with Securosys and Figment, combined with recent integrations with Chainalysis and the acquisition of Palisade, significantly extend the service’s functionality.
These initiatives are designed to accelerate time-to-market for banks and financial institutions, simplify procurement, and deliver scalable solutions for regulated entities. Moreover, they aim to support institutions operating under different regulatory regimes by offering flexible deployment models and robust security controls.
New HSM-based security options through Securosys
Through its partnership with Securosys, Ripple is introducing CyberVault HSM and CloudHSM capabilities, allowing institutions to deploy advanced hardware security modules for their custody operations. These new cloudhsm custody solutions are built to remove the traditional complexity and high capital expenditure associated with HSM-based architectures.
Customers can now choose between on-premise CyberVault deployments and cloud-based HSM services, aligning infrastructure with their internal security, governance, and compliance policies. However, both options are designed to maintain consistently high protection standards for private keys and transaction signing.
According to Robert Rogenmoser, CEO of Securosys, integrating CyberVault HSM with Ripple Custody offers a ready-to-deploy, enterprise-grade platform. This enterprise hsm custody approach enables institutions to retain full control over cryptographic keys while gaining a scalable, cost-effective custody architecture.
Ripple now supports one of the broadest ranges of HSM providers in the market, which helps regulated firms comply with diverse jurisdictional requirements. Moreover, this flexibility allows global institutions to harmonize custody operations across regions without redesigning core security infrastructure.
Figment partnership brings integrated staking to Ripple
The collaboration with Figment adds staking functionality directly to the Ripple Custody environment, enabling institutions to support networks using Proof-of-Stake consensus. This includes major ecosystems such as Ethereum and Solana, where staking yields have become a key component of digital asset strategies.
By embedding staking into existing custody workflows, Ripple allows banks, custodians, and regulated enterprises to offer staking for institutions without building or operating their own validator infrastructure. That said, clients still maintain institutional-grade oversight and reporting over their staking positions.
This figment staking partnership leverages Figment’s secure, non-custodial staking platform to deliver a seamless, integrated user experience. Ben Spiegelman, VP at Figment, emphasized that the collaboration enables Ripple’s institutional clients to generate staking rewards while preserving stringent security and compliance standards.
The addition of staking tools allows Ripple Custody users to broaden their product suites for end-clients, from simple storage to yield-generating services. Moreover, the solution is designed to meet high thresholds for governance, regulatory alignment, and operational risk management expected by large financial institutions.
Regulatory-grade infrastructure and expanded capabilities
As regulatory guidance around digital assets continues to evolve in 2024, the expanded ripple custody capabilities position Ripple as a key infrastructure provider for compliant institutions. With support for multiple HSM vendors and integrated staking, the platform aligns with the security and resilience expectations of banks and asset managers.
Recent integrations with Chainalysis and the acquisition of Palisade further enhance transaction monitoring, analytics, and policy enforcement across digital asset operations. However, these additions also help institutions streamline vendor management by consolidating critical services under a single custody framework.
Ripple is targeting a segment where secure storage, governance, and value-added services such as staking must coexist under clear regulatory oversight. Moreover, the combination of hardware-backed security, cloud deployment options, and staking support for networks like Ethereum and Solana underscores Ripple’s ambition to meet the full lifecycle needs of institutional digital asset users.
In summary, Ripple’s partnerships with Securosys and Figment, together with Chainalysis and Palisade integrations, significantly upgrade its institutional custody stack. The new features, from CyberVault HSM and CloudHSM to integrated staking, are designed to deliver scalable, compliant, and revenue-generating digital asset services for regulated financial institutions worldwide.
