Ripple and SettleMint Offer Tokenization Service to Financial Entities

Ripple and SettleMint announced on September 1, 2026, a partnership to provide regulated financial institutions with a unified solution for custody, issuance, settlement, and management of tokenized assets. The integration combines Ripple Custody with SettleMint's Digital Asset Lifecycle Platform (DALP), eliminating the need for banking entities to rely on multiple providers to operate with digital assets, stablecoins, and real-world assets. SettleMint ensures that processes are executed without the need for assembling multiple providers and with a controlled transition from the pilot phase to production. Ripple Custody contributes the architecture for safeguarding digital assets and has expanded its capabilities through acquisitions and strategic partnerships. The collaboration has already begun in the Asia-Pacific region, with plans for expansion into other international markets. This initiative complements Ripple's efforts to strengthen tokenization, including investments in British companies ZILO and Licuido, aiming to integrate the regulated transfer of assets within the XRP Ledger network.

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