Absa Launches Ripple-Powered Crypto Custody in Africa
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9 Articles
Key points of the news: Strategic alliance: Absa Corporate and Investment Banking (CIB) launched Absa Digital Asset Custody through the infrastructure and custody software provided by Ripple. Institutional scale: Absa Group manages a total balance sheet of over 2.07 billion South African rands (approximately 119.5 billion dollars) in financial assets. Technical capacity: ... Read more
Ripple Powers Absa Digital Asset Custody Launch for Africa’s $205B Crypto Market
Key Takeaways: Ripple brings its custody technology to Absa Digital Asset Custody, which Absa Corporate and Investment Banking launched. Institutional grade security, governance, and control in digital asset management in
Absa Corporate and Investment Banking launched a digital asset custody service backed by Ripple technology, with support for Bitcoin, XRP and Tokenized real-world assets. The alliance places the U.S. company’s infrastructure within an African banking group with a relevant institutional base, while regional crypto activity reaches new levels.
Ripple Brings Custody to Absa as XRP Price Jumps 6.7%: Here’s What Launched
South African lender Absa switched on Absa Digital Asset Custody on Sept. 21, putting Ripple’s custody technology live inside one of Africa’s largest banking groups 11 months after the two firms first announced the partnership. What Went Live Today?...
Ripple Brings Custody to Absa as XRP Price Jumps 6.7%: Here's What Launched
South African lender Absa switched on Absa Digital Asset Custody on Sept. 21, putting Ripple’s custody technology live inside one of Africa’s largest banking groups 11 months after the two firms first announced the partnership. What Went Live Today? Absa’s corporate and investment banking arm announced the offering via X on Monday morning, calling the […]
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