Ripple enhances enterprise-grade custody solutions with new staking and security partnerships
Through fresh partnerships, financial institutions and custodial services can now offer staking and custody capabilities without the need to manage their own validator nodes or cryptographic key infrastructure.
On Monday, Ripple announced the enhancement of its enterprise custody infrastructure via fresh partnerships with both Securosys and Figment.
According to the company's announcement, it is incorporating hardware security modules that will empower financial institutions and custodial providers to launch custody solutions and provide staking capabilities without the requirement of running their own validator nodes or managing key-security infrastructure independently.
Following Ripple's recent purchase of Palisade and its incorporation of Chainalysis compliance technologies, these custody enhancements permit regulated financial entities to oversee cryptographic keys through either on-site or cloud-hosted HSMs and to provide staking opportunities across blockchain networks like Ethereum (ETH) and Solana (SOL), while embedding compliance verification directly into the transaction processing framework.
According to Ripple, these partnerships aim to minimize deployment challenges and facilitate accelerated launch timelines for custody offerings targeted at enterprise customers. The company has been advancing deeper into institutional infrastructure operations as it diversifies beyond its payment solutions, incorporating custody capabilities, treasury management, and post-trade solutions designed for regulated enterprises.
Ripple operates as a United States-based blockchain technology firm delivering payment infrastructure and custody solutions to the financial services sector and serves as the creator of the XRP (XRP) token alongside the dollar-backed stablecoin RLUSD, which the company introduced in December 2024.
This announcement arrives several weeks following the company's introduction of an enterprise treasury solution that bridges conventional cash management platforms with digital asset technology infrastructure.
Enterprise staking and yield generation solutions see increased adoption
Enterprise demand for staking services has expanded as proof-of-stake blockchain networks reach greater maturity and regulatory frameworks continue to develop.
During October, Figment broadened its partnership with Coinbase, allowing Coinbase Custody and Prime users to stake a wider range of proof-of-stake digital assets beyond Ether. This enhancement provided institutional participants with staking access across multiple networks including Solana (SOL), Sui (SUI), Aptos (APT) and Avalanche (AVAX) utilizing Figment's technical infrastructure.
During November, Anchorage Digital introduced staking capabilities for the Hyperliquid network, facilitating HYPE (HYPE) staking in addition to its current custody offerings. The financial institution indicated that this service would become accessible through Anchorage Digital Bank, its Singapore-based operation, and through Porto, its self-custody wallet solution, with validator management provided by Figment.
Although staking provides institutions with opportunities to generate rewards through proof-of-stake blockchain networks, concurrent initiatives have also developed to create yield opportunities from Bitcoin, which lacks native staking functionality.
At the beginning of this month, Fireblocks announced plans to incorporate Stacks, providing institutional customers with access to Bitcoin-based borrowing and yield-generating solutions. This incorporation leverages Stacks' approximately five-second block generation times while ensuring transactions settle to the Bitcoin blockchain for final confirmation, resolving latency issues that have previously restricted institutional participation in BTC-centered decentralized finance applications.