ME News reports that on October 14 (UTC+8), global brokerage and instant servicing platform DriveWealth partnered with Ripple to integrate blockchain capabilities—including stablecoins, payments, custody, and prime brokerage—into DriveWealth’s global investment infrastructure. Key areas of collaboration include integrating Ripple’s stablecoin infrastructure in Europe, with plans to expand to the U.S.; connecting to Ripple Payments to streamline cross-border fund inflows; supporting digital asset custody in Europe, with future expansion to other markets; and exploring institutional services such as stock financing through Ripple Prime. (Source: Foresight News)
DriveWealth Partners with Ripple to Integrate Digital Asset Infrastructure
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Summary
DriveWealth, a global broker-dealer platform, has partnered with Ripple to integrate digital asset news into its infrastructure. The collaboration encompasses stablecoins, payments, custody, and prime brokerage. Ripple’s stablecoin infrastructure will initially launch in Europe, with plans to expand to the U.S. The integration will leverage Ripple Payments to enhance cross-border capital flows and support digital asset custody. The partnership also examines institutional services such as equity financing through Ripple Prime. Digital collectibles may benefit from broader adoption of blockchain-based financial tools.
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