Ripple Partners with Absa Bank for Institutional Asset Custody
Ripple, a blockchain company, has partnered with Absa Bank, a major African bank, to provide institutional-grade digital asset custody services in South Africa.
This collaboration enables secure digital asset custody solutions in the country, expanding Ripple's presence in emerging markets.
- Partnership with Bahrain FinTechBay to build secure digital asset ecosystems in the Middle East
- Working with platforms like Chipper Cash, VALR, and Yellow Card to enhance financial accessibility across Africa
Africa has seen increased adoption of stablecoins for cross-border payments
Ripple continues to advance blockchain solutions for payments, custody, and stablecoins as South Africa's regulatory progress enables institutional adoption of digital asset infrastructure.
Author's summary: Ripple partners with Absa Bank for asset custody.