Ripple Expands Custody with Securosys and Figment

Ripple announced on Monday that it has expanded its institutional custody platform with new integrations with Securosys and Figment. The company enables banks and custodians to offer custody services and stake without their own validator or key management infrastructure by adding hardware security modules (HSM).

Ripple’s Securosys and Figment Integration Details

Building on Ripple’s recent Palisade acquisition and Chainalysis compliance tools integration, these updates allow institutions to manage cryptographic keys with on-premises or cloud-based HSMs, offer staking on networks like Ethereum (ETH) and Solana (SOL), and integrate direct compliance checks into their transactions. The integrations aim to reduce complexity and support faster deployment of custody services for institutional customers.

HSMs Accelerate Institutional Staking

Ripple is focusing on institutional infrastructure with custody, treasury, and post-trade services beyond payments. The company is the issuer of the XRP token and the dollar-pegged RLUSD stablecoin launched in December 2024. This development follows the launch of Ripple’s institutional treasury platform, which integrates traditional cash management systems with digital asset infrastructure. As institutional staking interest grows, Figment expanded SOL, SUI, APT, and AVAX staking with Coinbase; Anchorage Digital added Hyperliquid (HYPE) staking; Fireblocks offered Bitcoin-based yield products with Stacks integration.

XRP Technical Analysis: Current Market Situation

XRP is currently trading at $1.44, with a 24-hour change of +1.02%. RSI at 36.13 is in the oversold region, the overall trend is downward, and Supertrend is giving a bearish signal. EMA 20: $1.6413.

• Supports: S1 $1.4303 (Score: 77/100 ⭐ Strong, -1.49% distance); S2 $1.2841 (67/100 ⭐ Strong, -11.56% distance)
• Resistances: R1 $1.4701 (75/100 ⭐ Strong, +1.25% distance); R2 $1.5779 (62/100 ⭐ Strong, +8.68% distance)

These integrations could strengthen institutional adoption of the XRP ecosystem and pave the way for price recovery.