Ripple Adds Ethereum and Solana Staking to Institutional Custody Platform

TLDR

• Ripple integrated Securosys hardware security modules and Figment staking infrastructure into its custody platform
• Banks and custodians can now offer staking services for Ethereum and Solana without running their own validators
• The upgrade follows Ripple’s Palisade acquisition and Chainalysis compliance tool integration
• Institutions can manage cryptographic keys through on-premises or cloud-based security modules
• Ripple launched these features weeks after introducing a corporate treasury platform for digital assets

Ripple announced Monday it has expanded its institutional custody platform through partnerships with Securosys and Figment. The blockchain infrastructure company is adding new security and staking capabilities for banks and financial institutions.

The integration includes hardware security modules from Securosys that allow institutions to manage cryptographic keys. These modules work in both cloud-based and on-premises environments.

Through the Figment partnership, Ripple custody clients can now access staking services for proof-of-stake networks. This includes Ethereum and Solana staking without building their own validator infrastructure.

The new features build on Ripple’s recent purchase of Palisade and integration of Chainalysis compliance tools. Compliance checks are now embedded directly into transaction workflows.

Ripple said the upgrades aim to reduce deployment complexity for regulated institutions. The company wants to help banks and custodians roll out custody services faster.

The San Francisco-based company issues the XRP token and RLUSD stablecoin, which launched in December 2024. Ripple has been expanding beyond its core payments business into custody and treasury services.

Institutional Staking Growth

Institutional interest in staking has grown as proof-of-stake networks have matured. Regulatory expectations around staking continue to develop across different jurisdictions.

In October, Figment expanded its Coinbase integration to support more proof-of-stake assets. Coinbase Custody and Prime clients gained access to staking on Solana, Sui, Aptos and Avalanche.

Anchorage Digital added Hyperliquid staking support in November. The bank made HYPE staking available through Anchorage Digital Bank, its Singapore entity, and its Porto wallet.

Beyond Staking Services

Some firms are working on yield products for Bitcoin, which doesn’t support staking. Fireblocks announced it will integrate Stacks this month to enable Bitcoin-based lending and yield products.

The Stacks integration uses roughly five-second block times while settling transactions to the Bitcoin ledger. This addresses latency issues that have limited institutional use of Bitcoin decentralized finance products.

Ripple’s custody expansion comes weeks after the company launched a corporate treasury platform. That platform connects traditional cash management systems with digital asset infrastructure for enterprise clients.

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