Italy's largest bank, Intesa Sanpaolo, has officially adopted Ripple Custody to securely hold digital and tokenized assets, marking a significant move from blockchain experimentation to live deployment. The integration allows the bank to utilize a secure, regulation-ready infrastructure for storing digital assets without requiring a complete overhaul of its existing systems.
This development is part of a broader trend where major financial institutions are increasingly turning to Ripple’s custody solution. Ripple Custody has seen a surge in adoption, with clients including BBVA, DBS, DZ Bank, Kbank, Kyobo Life Insurance, and AMINA Bank. Monica Long, President of Ripple, highlighted that digital asset custody has become a foundational layer for any enterprise entering the crypto space, enabling services such as payments, tokenization, and staking.
The platform’s customizable deployment options—SaaS, on-premises, or hybrid models—allow institutions to maintain compliance and operational control while scaling their crypto infrastructure. This flexibility is attracting a growing list of global banks that view secure custody as essential for their digital asset strategies.
Institutional demand is accelerating as banks prioritize platforms that combine security with operational ease. Ripple Custody acts as both a storage solution and a governance layer, ensuring transactions, tokenization, and staking operate within secure and compliant frameworks.
