source avatarZakir | Founder, The New Financial World

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Ripple’s custody technology is now powering Absa Digital Asset Custody in South Africa, giving Absa Corporate and Investment Banking clients a bank-led environment to safeguard digital assets and manage private keys. The service also includes transaction controls, approvals, governance, and compliance processes and not a trading venue. The important signal is institutional: digital assets are increasingly being built into familiar banking infrastructure. As more banks offer secure, regulated custody, the conversation shifts from whether institutions will participate to how they will manage and scale that participation.

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