Evidence record
BNY adds XRP and RLUSD to its Digital Asset Custody platform and plans RLUSD mint and redeem with Ripple
Read the item · published 2026-10-27
Evidence
- Confidence
- Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
- Quote verified
- 2026-10-31 20:46 UTC
- Archived snapshot
- SHA-256
b4120bbbc029a1b5f44941831787ab47a176ab0e3594002ebd020fcee056af77· fetched 2026-10-27 · Wayback Machine copy ↗ - Source type
- Official institutional BNY (joint release with Ripple) ↗
… institutional use cases for blockchain technology, including tokenized trade finance. The collaboration brings together Ripple's digital asset solutions and the XRP Ledger (XRPL), a public blockchain, with BNY's scale, servicing model and digital capabilities. Building on BNY's role as primary reserve custodian for Ripple's stablecoin, RLUSD, and its custody relationship with Ripple Prime, BNY now supports XRP, the native digital asset of the XRP Ledger, and RLUSD on its Digital Asset Custody platform. BNY's platform is designed to provide institutional clients with secure digital asset custody within the governance, controls and resiliency of its broader servicing model, giving eligible clients a seamless way to safekeep, hold and transfer digita …
Change log (1)
- 2026-10-27 Published
Verified quotes
“Building on BNY’s role as primary reserve custodian for Ripple’s stablecoin, RLUSD, and its custody relationship with Ripple Prime, BNY now supports XRP, the native digital asset of the XRP Ledger, and RLUSD on its Digital Asset Custody platform.”
“Ripple and BNY also intend to advance tokenized trade finance on the XRPL, subject to client requirements.”
“All references to intended future product plans are subject to final BNY and regulatory approvals.”
String-matched against https://www.bny.com/corporate/global/en/about-us/newsroom/press-release/ripple-expands-strategic-digital-assets-collaboration-with-bny-across-custody-and-tokenized-trade-finance.html by our verifier before every deploy.
AI-drafted from the primary source; quote string-matched against the live source page · AI-assisted