Ripple Expands Custody Services: Partnering with Figment to Support Ethereum and Solana Staking

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In the "productivity era" of the 2026 cryptocurrency market, the demand for asset appreciation and secure custody among both institutional and individual users has reached new heights. Recently, Ripple announced a significant upgrade to its Ripple Custody platform through a partnership with Figment, a leading provider of institutional staking infrastructure. This move marks Ripple's strategic expansion from pure asset storage into multi-chain asset value-add services, specifically focusing on staking support for the Ethereum and Solana networks.

Key Takeaways

  • Service Expansion: Ripple Custody introduces native staking capabilities, initially supporting Ethereum (ETH) and Solana (SOL).
  • Strategic Partnership: Collaboration with Figment provides institutional clients with staking solutions without the need to build independent validator infrastructure.
  • Compliance & Security: Integrates Securosys Hardware Security Modules (HSM) with Figment’s non-custodial staking technology to balance asset safety with regulatory requirements.
  • Industry Impact: The move lowers the barrier for traditional financial institutions to access decentralized finance (DeFi) yield opportunities.

A New Paradigm for Institutional Asset Appreciation: Ripple and Figment Integration

In the digital asset space, custody services are no longer just "digital vaults." For crypto users, ensuring that assets can earn protocol rewards while being stored securely has become a key metric for evaluating a platform's value. Ripple’s choice to partner with Figment leverages the latter's deep expertise in non-custodial staking.
For banks, asset managers, and large token holders, Ripple Custody supporting Ethereum and Solana staking yields means they can manage assets through a unified portal while participating directly in the governance and security of Proof-of-Stake (PoS) networks. This "point-and-click" staking experience significantly simplifies what was previously a complex stack of technical management.

Why Ethereum and Solana?

Ethereum, as the pioneer of smart contracts, offers one of the most robust yield sources in the crypto market. Meanwhile, Solana has become a preferred asset for institutional portfolios due to its high throughput and rapidly growing ecosystem.
  • Ethereum (ETH): Provides long-term stable protocol rewards, serving as a cornerstone for institutional-grade portfolios.
  • Solana (SOL): With its high Transactions Per Second (TPS) and active on-chain applications, its staking rewards are highly attractive for those seeking capital efficiency.、

Technical Architecture: Balancing Security and Efficiency

In cryptocurrency news, security risks are often the primary pain point for users. Ripple’s upgrade is more than just a functional addition; it is a reinforcement of the underlying security architecture. By integrating Securosys’s CyberVault HSM, Ripple offers clients key management solutions available on-premise or in the cloud.

Eliminating the Burden of Validator Maintenance

Traditional staking often requires users to run their own validator nodes, which involves expensive hardware costs and the risk of "slashing." The institutional staking solutions provided by Figment utilize a non-custodial model, meaning users retain ownership of their assets throughout the earning process. Ripple Custody users can enjoy professional services backed by Figment’s audited infrastructure without worrying about complex node operations.

How Do Cryptocurrency Users Benefit?

While Ripple Custody primarily targets banks and large regulated entities, this move has far-reaching implications for the broader crypto ecosystem and its users.
  1. Increased Liquidity: As more regulated capital enters ETH and SOL staking pools via Ripple, the overall security and decentralization of these networks are enhanced.
  2. Product Diversification: As financial institutions find it easier to access staking yields, the market may see an influx of compliant financial products based on these underlying assets, indirectly lowering the barrier for individual users to access professional-grade yields.
  3. Market Confidence: Ripple’s continued ecosystem refinement—through acquisitions like Palisade and integrations with Chainalysis—signals that digital asset infrastructure is moving toward a mature, compliant future.

2026: Digital Assets Enter Large-Scale Adoption

Ripple President Monica Long once predicted that 2026 would be the "year of institutionalization" for crypto. From early pilots to current large-scale applications, the expansion of staking features on crypto custody platforms is a microcosm of this trend.
By integrating staking, compliance checks, and high-security custody into a single workflow, Ripple is removing the friction for financial institutions managing digital assets. This trend is not limited to the XRP Ledger (XRPL) but is spreading across the multi-chain ecosystem, reflecting the industry's focus on cross-chain interoperability.

Summary

The partnership between Ripple and Figment not only enhances the competitiveness of Ripple's custody services but also injects new vitality into the Ethereum and Solana ecosystems. For observers, this is more than just a corporate alliance; it is a successful handshake between traditional financial standards and decentralized yield mechanisms. As more PoS networks are brought into the fold, future custody platforms will likely evolve into all-in-one financial hubs for storage, trading, lending, and staking.

FAQs

What is the staking feature in Ripple Custody?

It is a new service that allows custody clients to lock their Ethereum (ETH) and Solana (SOL) holdings into the network to support blockchain operations in exchange for network rewards.

What role does Figment play in this partnership?

Figment acts as the staking infrastructure provider, running the underlying validator nodes. It provides non-custodial technology to ensure that institutions earn rewards while retaining control of their asset keys.

What are the main risks of staking ETH and SOL?

Key risks include changes to network protocols, potential "slashing" penalties for underperforming validators, and limited liquidity during the staking period (though liquid staking solutions often mitigate this).

Why do institutional investors prefer non-custodial staking?

Non-custodial staking allows investors to participate in yield generation without relinquishing control of their assets. This aligns with strict regulatory requirements for risk management and asset ownership transparency.

Does this partnership affect XRP?

While the feature currently focuses on ETH and SOL, it strengthens Ripple’s position as a universal digital asset infrastructure provider, enhancing the overall appeal and technical utility of the Ripple ecosystem.
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