Absa Partners with Ripple for Digital Asset Custody
Absa has joined forces with Ripple to provide institutional-grade digital asset custody to its clients in South Africa.
The partnership will enable Absa to offer secure storage solutions for tokenized assets, including cryptocurrencies, using Ripple's blockchain infrastructure.
The move marks a significant turning point in how traditional banks in Africa engage with cryptocurrencies and the tokenisation wave.
- This partnership is Ripple's first major custody collaboration in Africa.
- It responds to the growing demand in emerging markets for reliable and compliant digital asset infrastructure.
Author's summary: Absa partners with Ripple for digital asset custody in South Africa.
More News
- Manchester United’s stance on Kobbie Mainoo leaving Old Trafford in January revealed
- Ferrari’s Elkann issues statement – fully backs Vasseur
- EU Updates Age Verification Standards for Minors
- “Highly rated” Man Utd youngster could be the solution for Rúben Amorim’s biggest problem
- Borrower Monitoring, AI Processing, DPA, Verification Tools; Events and Training; Robots Will do What?
- Platforms of Extremism: Why Australia Must Confront Digital Misogyny as a Security Threat - Australian Institute of International Affairs
- Fabrizio Romano has terrible news for Tottenham midfielder
- TBA, Appraisal, Reverse Mortgage Tools; STRATMOR on AI and Competition; Can the CFPB be Willed Away?