🏦 BNY adds XRP and RLUSD to its institutional digital asset custody platform @BNYglobal has expanded its partnership with Ripple, enabling eligible institutional clients to custody, hold and transfer ripple:native and @Ripple's stablecoin ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed. 🔹 XRP and RLUSD custody: Now supported. 🔹 Direct RLUSD issuance and redemption through BNY: Planned. 🔹 Tokenized assets on XRP Ledger: Further expansion under consideration. 🔹 Trade finance tokenization with C2FO: Being explored. The announcement builds on BNY's existing role as the primary custodian of RLUSD's reserves, established in 2025. The distinction matters: BNY is now supporting custody of the tokens themselves, not just the assets backing RLUSD. Another step toward connecting institutional banking infrastructure with the XRP Ledger ecosystem.