Ripple taps BNY to secure RLUSD stablecoin with institutional-grade custody

Key Takeaways Ripple has chosen BNY Mellon as the primary custodian for RLUSD stablecoin reserves. RLUSD is designed for institutional-grade use, with full USD backing and strict reserve management. Share this article Ripple announced today it has selected the Bank of New York Mellon Corporation (BNY), the world’s largest custodian bank and securities services company,…

Read More

Trillion-dollar bank clears Bitwise crypto ETF for advisor-managed accounts

Key Takeaways A trillion-dollar bank has cleared the Bitwise crypto ETF for advisor-managed accounts. The approval signals growing institutional acceptance of regulated crypto investment products. Share this article A global bank with over $1 trillion in assets under management has approved a crypto exchange-traded fund from Bitwise Asset Management for its managed accounts platform, as…

Read More