Ripple Labs has announced a strategic partnership with DXC Technology, a New York Stock Exchange-listed IT services company valued at over $2.6 billion. The collaboration aims to integrate digital asset custody and payment capabilities directly into core banking systems, leveraging DXC's Hogan platform, which powers more than 300 million deposit accounts and over $5 trillion in deposits.
The partnership, revealed on January 21, 2026, will enable financial institutions and fintechs to access programmable payments, tokenization, custody, and transfer of digital assets at an enterprise scale without disrupting existing core banking infrastructure. Joanie Xie, Managing Director at Ripple, stated, "Our partnership with DXC brings digital asset custody, RLUSD, and payments directly into the core banking environments that institutions already trust."
The announcement coincided with Ripple CEO Brad Garlinghouse's participation in a World Economic Forum panel in Davos, where he highlighted the trillions of dollars in assets expected to move on-chain via quality blockchains like the XRP Ledger and Solana. Ripple has already established a significant presence in tokenization, with its Ripple USD (RLUSD) stablecoin holding over $1.3 billion in assets and the XRP Ledger accumulating more than $400 million.
Following the news, the XRP price saw a modest rebound of over 4.6%, rising to $1.97 from a weekly low of $1.8523, partly mirroring a broader market uptick. However, technical analysis presents a cautious outlook, suggesting the token remains below key moving averages and support levels, with potential to retest support near $1.7660.
Market sentiment data indicates a spike in negative crowd sentiment, which historically aligns with accumulation phases. Despite a significant $53.3 million outflow from spot XRP ETFs on January 20, institutional products maintain approximately $1.39 billion in net assets, with cumulative net inflows near $1.23 billion, reflecting ongoing institutional interest.
