Ripple acquires NYDFS-regulated custodian Standard Custody

Oluwapelumi Adejumo

According to a June 11 statement, Ripple has completed the acquisition of Standard Custody & Trust Company, a licensed digital asset custodian. The firm initially revealed its intention to acquire the firm in February but finalized the deal earlier today after receiving the appropriate regulatory approval. Secures NYDFS licensing Ripple said the acquisition brings a […]

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Ripple acquires NYDFS-regulated custodian Standard Custody