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Ripple Adds Securosys and Figment to Power Institutional Staking

Key Takeaways

  • Ripple expands its custody platform with Securosys and Figment to help institutions launch staking and key-management services more easily;
  • New hardware security modules let banks use on-prem or cloud tools for secure key control and staking on networks such as Ethereum and Solana;
  • Ripple strengthens its shift toward institutional infrastructure with upgrades that support faster custody rollout and embedded compliance.

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Ripple Adds Securosys and Figment to Power Institutional Staking

Ripple said on February 9 that it has added new features to its institutional custody platform by connecting it with Securosys and Figment.

The update introduces hardware security modules that help banks and custodians run digital asset services without building their own validator systems or key-management setups.

These modules allow institutions to offer staking while relying on external security tools rather than maintaining everything in-house.

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The new features follow Ripple’s purchase of Palisade and its earlier addition of Chainalysis compliance tools. With these changes, regulated firms can manage cryptographic keys using hardware installed on their premises or through cloud services.

They can also provide staking for networks such as Ethereum ETH $2,096.24 and Solana SOL $86.48 , with compliance checks built directly into each transaction.

Ripple said these integrations aim to reduce the difficulty of launching custody services and allow institutional clients to roll them out faster. The company has been increasing its focus on infrastructure for regulated firms as it moves beyond payments and builds tools for custody, treasury, and post-trade activities.

Ripple is a US-based blockchain company that supplies payment and custody technology to financial institutions. It also issues the XRP XRP $1.43 token and the RLUSD stablecoin, which launched in December 2024.

Ripple launched a treasury platform that merges GTreasury software with blockchain tools to manage company funds in one place. What did the company say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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