Ripple’s technology will be used by the Spanish banking behemoth BBVA to create a safe and legal digital asset custody solution. The move comes amid the increasing institutional use of blockchain technology in response to the growing need for regulated and secure cryptocurrency services. BBVA hopes to enhance its position in the changing financial landscape and give customers reliable access to the digital asset market by incorporating Ripple’s infrastructure.
BBVA Partners with Ripple for Digital Asset Custody
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