Ripple Expands BNY Collaboration to Support XRP and RLUSD Custody
Bullish strength: 75/100
- BNY now supports custody for XRP and RLUSD.
- Ripple and BNY will explore XRPL-based tokenized trade finance, including an initiative with C2FO.
- The expanded collaboration strengthens institutional custody support for Ripple's digital assets.
Bearish strength: 25/100
- The tokenized trade finance initiatives remain exploratory, with no live deployment or measurable adoption figures provided.
- The article provides no data on custody inflows or the scale of RLUSD minting and redemption through BNY.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.