Ripple to Acquire Standard Custody to Strengthen Regulatory Licenses Portfolio
1 year ago
20
Ripple has announced a deal to acquire the New York-based digital asset platform Standard Custody and Trust Company, pending regulatory approval. Once the acquisition is finalized, Ripple will become the sole shareholder of Standard Custody, leveraging its limited-purpose trust charter and money transmitter licenses to enhance its regulatory license portfolio. Ripple’s expansion into the US market […]
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