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BNY Mellon Reportedly Adds XRP Custody as Ripple Approaches $1B Revenue

(2 hours ago) · 1 source · Summarized by CryptoBipto

Bank of New York Mellon, one of the world's largest custodian banks with approximately $63 trillion in assets under custody, has reportedly added XRP custody services. Ripple is also reported to be approaching $1 billion in annual revenue.

WHY IT MATTERS

Custody is a key concept in both traditional finance and crypto.

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SOURCES

  • cryptonews.com

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XRPInstitutional CustodyXRPRippleBNY MellonTraditional Finance