Ripple and SettleMint Partner on Institutional Custody and Tokenization

Ripple and SettleMint have formed a partnership bringing together custody infrastructure and tokenization capabilities on a single platform aimed at regulated financial institutions across Asia-Pacific. The integration connects Ripple's custody offering with SettleMint's DALP (Digital Asset Liquidity Platform), creating a consolidated environment for institutional players to manage and deploy digital assets. The move reflects growing institutional demand for integrated solutions that bundle safekeeping and issuance functions rather than requiring separate vendor relationships.

• Custody and tokenization integration reduces friction for institutions deploying digital assets by consolidating vendor dependencies into one platform.
• Partnership specifically targets Asia-Pacific regulated institutions, a region where institutional crypto adoption continues to accelerate.
• Both firms are positioning themselves in the infrastructure layer serving banks and traditional financial entities rather than retail trading.