The trademark also mentions software for crypto custody and transactions, hinting at a potential wallet launch.
Ripple launched its custody service in October 2024 as part of its strategy to expand beyond payments.
Ripple Labs has filed a trademark application for the word
mark “Ripple Custody.” The filing suggests that the company behind
XRP may be looking to expand into the crypto custody sector, Cointelegraph
reported.
Meanwhile, the XRPUSD H1 chart indicates that the
cryptocurrency is trading between two horizontal levels. At the moment, the
support level remains intact, and intraday buyers may attempt to drive the
price toward the resistance.
Ripple Considers Crypto Custody Amid ETF Growth
The trademark application lists four potential use cases.
One of them states: “Financial services, namely, custodial services in the
nature of maintaining storage and possession of cryptocurrency […] for
financial management purposes.”
Crypto custody services help individuals and institutions
store and manage digital assets. These services aim to reduce risks such as
private key loss and security breaches. The demand for custody solutions has
increased, particularly after the approval of US-based exchange-traded funds
(ETFs) in 2024. Companies in this space include Coinbase, Citi, and BNY Mellon.
Ripple introduced its custody service in October 2024. The
company said at the time that the move was part of a strategy to generate
revenue beyond its payment settlement operations. A Ripple spokesperson
declined to comment on the trademark filing.
Possible Crypto Wallet Development
The filing also references software related to custody
services. One section describes “downloadable software for custody of
cryptocurrency, fiat currency, virtual currency, and digital currency." It
also includes software for the “transmission and storage” of these
assets.
This wording suggests that Ripple may be considering a
cryptocurrency wallet. Such a product could support XRP or a broader range of
digital assets. The company does not currently offer a wallet. If introduced,
it could provide a new revenue stream through transaction fees. Other companies already supporting XRP include Ledger,
Trezor, Trust Wallet, and Exodus.
XRPUSD, H1 Chart, Source: TradingView
XRP Holds Support After Brief Breach
The XRPUSD H1 chart shows the price moving within the
2.37350–2.27000 range. After facing rejection at the 2.37350 resistance for the
third time, the price dropped toward the support.
It briefly breached the 2.27000 support level, but the next
candle quickly recovered above it. As a result, this is not considered a
breakout, which may encourage buyers to push the price higher.
Ripple’s XRP Adoption Grows Amid Regulatory and
Investment Moves
Michael Saylor, Executive Chairman of Strategy, recently
discussed the
role of cryptocurrencies in the US strategic reserves following an
executive order by President Trump. This order listed Bitcoin and several
altcoins, including Ethereum, XRP, Solana, and Cardano. In an interview with
Fox Business, Saylor addressed the regulation of digital assets and proposed
that XRP should be issued within a regulatory framework.
Ripple's Custody service will be used by South
Korea’s BDACS to secure XRP and RLUSD, a stablecoin pegged to the dollar,
aimed at providing secure storage for institutional clients. Additionally,
Ripple donated $100,000 in XRP to support California wildfire victims, with
contributions to organizations like World Central Kitchen and GiveDirectly
through The Giving Block.
In Japan, Ripple anticipates the adoption of XRP Ledger by
banks by 2025 to enhance cross-border payments. The company is also working
with Chainlink to integrate RLUSD into Ethereum-based decentralized finance
(DeFi) applications. Meanwhile, investor interest in XRP remains strong, with large
investors acquiring 520 million tokens during a recent dip. The SEC’s
reassignment of Jorge Tenreiro has raised questions about the agency's future
stance on cryptocurrency litigation.
Ripple Labs has filed a trademark application for the word
mark “Ripple Custody.” The filing suggests that the company behind
XRP may be looking to expand into the crypto custody sector, Cointelegraph
reported.
Meanwhile, the XRPUSD H1 chart indicates that the
cryptocurrency is trading between two horizontal levels. At the moment, the
support level remains intact, and intraday buyers may attempt to drive the
price toward the resistance.
Ripple Considers Crypto Custody Amid ETF Growth
The trademark application lists four potential use cases.
One of them states: “Financial services, namely, custodial services in the
nature of maintaining storage and possession of cryptocurrency […] for
financial management purposes.”
Crypto custody services help individuals and institutions
store and manage digital assets. These services aim to reduce risks such as
private key loss and security breaches. The demand for custody solutions has
increased, particularly after the approval of US-based exchange-traded funds
(ETFs) in 2024. Companies in this space include Coinbase, Citi, and BNY Mellon.
Ripple introduced its custody service in October 2024. The
company said at the time that the move was part of a strategy to generate
revenue beyond its payment settlement operations. A Ripple spokesperson
declined to comment on the trademark filing.
Possible Crypto Wallet Development
The filing also references software related to custody
services. One section describes “downloadable software for custody of
cryptocurrency, fiat currency, virtual currency, and digital currency." It
also includes software for the “transmission and storage” of these
assets.
This wording suggests that Ripple may be considering a
cryptocurrency wallet. Such a product could support XRP or a broader range of
digital assets. The company does not currently offer a wallet. If introduced,
it could provide a new revenue stream through transaction fees. Other companies already supporting XRP include Ledger,
Trezor, Trust Wallet, and Exodus.
XRPUSD, H1 Chart, Source: TradingView
XRP Holds Support After Brief Breach
The XRPUSD H1 chart shows the price moving within the
2.37350–2.27000 range. After facing rejection at the 2.37350 resistance for the
third time, the price dropped toward the support.
It briefly breached the 2.27000 support level, but the next
candle quickly recovered above it. As a result, this is not considered a
breakout, which may encourage buyers to push the price higher.
Ripple’s XRP Adoption Grows Amid Regulatory and
Investment Moves
Michael Saylor, Executive Chairman of Strategy, recently
discussed the
role of cryptocurrencies in the US strategic reserves following an
executive order by President Trump. This order listed Bitcoin and several
altcoins, including Ethereum, XRP, Solana, and Cardano. In an interview with
Fox Business, Saylor addressed the regulation of digital assets and proposed
that XRP should be issued within a regulatory framework.
Ripple's Custody service will be used by South
Korea’s BDACS to secure XRP and RLUSD, a stablecoin pegged to the dollar,
aimed at providing secure storage for institutional clients. Additionally,
Ripple donated $100,000 in XRP to support California wildfire victims, with
contributions to organizations like World Central Kitchen and GiveDirectly
through The Giving Block.
In Japan, Ripple anticipates the adoption of XRP Ledger by
banks by 2025 to enhance cross-border payments. The company is also working
with Chainlink to integrate RLUSD into Ethereum-based decentralized finance
(DeFi) applications. Meanwhile, investor interest in XRP remains strong, with large
investors acquiring 520 million tokens during a recent dip. The SEC’s
reassignment of Jorge Tenreiro has raised questions about the agency's future
stance on cryptocurrency litigation.
Warren Buffett’s Final Day at Berkshire Leaving Behind “Our Favorite Holding Period Is Forever”
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights