Ripple expands BNY custody deal, brings C2FO trade finance to XRP Ledger
15 Articles
15 Articles
XRP Ledger Targets Trade Finance Through Ripple And C2FO Partnership
Ripple expanded its partnership with BNY on October 27, adding institutional custody support for XRP and RLUSD. A separate collaboration with C2FO aims to accelerate invoice financing through blockchain-based settlement. The proposed service targets supplier payment delays, although live transaction volumes and launch dates remain unconfirmed.
Ripple and BNY Target New Trade Finance Market for XRP Ledger
Ripple and BNY plan to advance tokenized trade finance on the XRP Ledger, first exploring a supply chain finance initiative to broaden investor access. Their collaboration also adds institutional XRP and RLUSD custody and plans direct stablecoin issuance and redemption. BNY Collaboration Targets Institutional Trade Finance Investors could gain broader access to financing approved business […]
Ripple and BNY Expand Digital Asset Custody and Trade Finance
Ripple and BNY are expanding their strategic partnership to strengthen institutional digital asset custody, support stablecoin services, and explore blockchain-based trade finance applications, according to a joint announcement. BNY Adds XRP and RLUSD Custody Support BNY, formerly known as The Bank of New York Mellon, has added support for XRP and Ripple USD (RLUSD) to […]
Ripple Expands BNY Partnership for XRP and RLUSD Custody
Ripple has expanded its partnership with BNY to include XRP and RLUSD custody, while exploring tokenized trade finance on the XRP Ledger with C2FO. The initiatives aim to bring digital assets into institutional payments, settlement, and working-capital processes.
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