Ripple-Backed Study Says Institutions Want Broader Crypto Custody Services
(4 hours ago) · 1 source · Summarized by CryptoBipto
A custody study backed by Ripple found that institutional clients are looking for more than basic key storage from crypto custodians. The research suggests institutions want integrated services such as staking, lending, and compliance tools alongside traditional safekeeping. The study highlights evolving expectations in the institutional crypto custody market.
WHY IT MATTERS
When big financial companies like banks or asset managers hold crypto, they need someone to securely store it for them. This is called custody, and it works a bit like a safety deposit box at a bank, but for digital assets. This study suggests that these institutions now want their custody providers to do much more than just keep assets safe. They also want tools for earning yield, staying compliant with regulations, and connecting to trading platforms, similar to the full-service experience they get in traditional banking. For newcomers, this signals that the infrastructure around crypto is maturing to meet the needs of large, regulated players.
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- newsbtc.com
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