Ripple Boosts Institutional Custody with HSM Security and Staking Partners
Ripple announced partnerships with Securosys and Figment to enhance its custody solution for institutional clients. Securosys will provide hardware security module (HSM) protection to harden private key storage and transaction signing, while Figment will bring staking infrastructure and services to enable yield-generating options for assets supported within Ripple’s custody environment.
The upgrade is a strategic push to make Ripple’s custody more competitive with established custodians by combining stronger cryptographic protections and operational staking capabilities. For institutions, improved security and the ability to generate returns on eligible holdings can lower barriers to onboarding, and the move signals Ripple’s intent to broaden its product suite for large-scale clients without altering core payments infrastructure.