Ripple announced on Monday that it has expanded its institutional custody platform through new integrations with Securosis and Figment.
The company said it will add a hardware security module to enable banks and custodians to deploy custody services and offer staking without having to operate their own validators or key management infrastructure.
Building on Ripple’s recent Palisade acquisition and integration of Chainalysis compliance tools, the custody upgrade will enable regulated institutions to use on-premises or cloud-based HSMs to manage cryptographic keys and offer staking on networks like Ethereum (ETH) and Solana (SOL) with compliance checks embedded directly into transaction workflows.
Ripple said the integration is aimed at reducing implementation complexity and supporting rapid deployment of custody services for institutional customers. Ripple is expanding beyond payments with custodial, treasury, and post-trade services for regulated companies to further drive institutional infrastructure activities.
Ripple is a US-based blockchain infrastructure company that provides payments and custody technology to financial institutions and is the issuer of the XRP (XRP) token and the dollar-pegged stablecoin RLUSD, launched in December 2024.
The update comes weeks after the company launched a corporate treasury platform that integrates traditional cash management systems with digital asset infrastructure.
Related: Staking and yield products for institutional investors attract attention
Staking and yield products for institutional investors attract attention
Institutional interest in staking is increasing as proof-of-stake networks mature and regulatory expectations continue to evolve.
In October, Figment expanded its integration with Coinbase, allowing Coinbase Custody and Prime clients to stake additional proof-of-stake assets beyond Ether. With this update, institutional customers can now access staking on networks such as Solana (SOL), Sui (SUI), Aptos (APT), and Avalanche (AVAX) through Figment’s infrastructure.
In November, Anchorage Digital added staking support for the Hyperliquid ecosystem, enabling HYPE (HYPE) staking alongside its existing custody service. The bank said the service will be provided through Anchorage Digital Bank, its Singapore subsidiary, and Self-Custody Wallet Porto, with validator operations supported by Figment.
While staking allows institutions to earn rewards on proof-of-stake networks, parallel efforts are emerging to generate revenue from Bitcoin that do not support staking.
Earlier this month, Fireblocks announced it would integrate Stax to give institutional investors access to Bitcoin-based lending and yield products. This integration takes advantage of Stacks’ approximately 5-second block time to settle transactions to the Bitcoin ledger for finality, addressing the latency constraints that have limited institutional use of BTC-based decentralized finance.
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