BNY Offers XRP Custody With Single Rollout Type
Bank of New York has introduced XRP custody services, though availability is currently limited to a single rollout type.
Bank of New York (BNY) has introduced custody support for XRP, according to a report published by CryptoSlate. The institutional service currently features only one specific rollout type, marking a notable development for the traditional banking giant's digital asset custody offerings.
Custody Expansion
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The move brings traditional financial institution backing to XRP custody services, expanding BNY's digital asset infrastructure. Details regarding the operational scope of the single rollout type remain limited as the offering launches.
Key facts
- BNY has introduced custody support for XRP.
- Only one rollout type is currently available for the service.
- The development was reported by CryptoSlate.
Source: news.google.com
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