𝗔𝗕𝗦𝗔 𝗟𝗔𝗨𝗡𝗖𝗛𝗘𝗦 𝗗𝗜𝗚𝗜𝗧𝗔𝗟 𝗔𝗦𝗦𝗘𝗧 𝗖𝗨𝗦𝗧𝗢𝗗𝗬 In October 2025, Absa partnered with Ripple to bring institutional digital-asset custody to South Africa. Absa became Ripple’s first major custody partner in Africa, using Ripple’s technology to securely store and manage tokenised assets, including cryptocurrencies. 𝗛𝗘𝗥𝗘 𝗜𝗦 𝗧𝗛𝗘 𝗟𝗔𝗧𝗘𝗦𝗧 That partnership has now moved from announcement to an actual banking service. Absa has launched Absa Digital Asset Custody, providing corporate and institutional clients with a secure, regulated environment to safeguard digital assets and manage the private keys that control them. Absa says its new service combines institutional governance, compliance, transaction controls, security and audit capabilities with Ripple’s digital-asset technology. 𝗦𝗨𝗠𝗠𝗔𝗥𝗬 This isn’t Absa launching a crypto exchange or encouraging customers to trade cryptocurrencies. Rather, It’s a major African bank building regulated infrastructure for institutions to hold and manage digital assets.