Ripple to Acquire Standard Custody to Strengthen Regulatory Licenses Portfolio

Ripple has announced a deal to acquire the New York-based digital asset platform Standard Custody and Trust Company, pending regulatory approval. Once the acquisition is finalized, Ripple will become the sole shareholder of Standard Custody, leveraging its limited-purpose trust charter and money transmitter licenses to enhance its regulatory license portfolio. Ripple's expansion into the US market […] The post Ripple to Acquire Standard Custody to Strengthen Regulatory Licenses Portfolio appea...