Asia sees digital asset custody infrastructure deals from Ripple, Coincheck
Ripple was among the latest blockchain companies to sign a strategic partnership to build more custody and tokenized asset management solutions for A
Details
Ripple was among the latest blockchain companies to sign a strategic partnership to build more custody and tokenized asset management solutions for Asian institutional participants.
Blockchain enterprise solutions provider Ripple has partnered with digital asset infrastructure company SettleMint to offer financial institutions solutions for custody, issuance and management of tokenized assets across their full lifecycle.
The strategic partnership will integrate Ripple’s institutional digital asset custody infrastructure, Ripple Custody, and SettleMint’s Digital Asset Lifecycle Platform (DALP) to offer institutions a less complex way to secure digital assets, Ripple announced on Tuesday.
A day earlier, digital asset service provider Coincheck Group partnered with wallet infrastructure provider DFNS to build digital asset wallet technology and custody services in Japan.
DFNS’s wallet-as-a-service offers institutions full transaction lifecycle management, including workflow orchestration and governance controls, under a single platform that supports more than 100 blockchain networks.
Both partnerships are seeking to build more institutional digital asset services to address the infrastructure gap hindering the entry of regulated financial institutions.
The Asia-Pacific region ranked as the fastest-growing area for onchain crypto activity and experienced a 69% year-over-year increase in value received, according to Chainalysis’ 2025 global adoption index .
Many countries in the region are developing their own cryptocurrency regulatory frameworks. In July, Japan’s parliament passed revisions that classify crypto assets as financial assets under Japan’s Financial Instruments and Exchange Act.
Japanese Finance Minister Satsuki Katayama signaled the intent to bring crypto under the same umbrella as traditional finance assets in January, to ensure that citizens will “benefit from digital and blockchain-based assets.”
Related: Hyperliquid added to Singapore’s Investor Alert List
Subscribe to daily byte-sized crypto news from Cointelegraph
Does the Bitcoin rally mean we haven’t wasted our lives in crypto?
London Stock Exchange partners with Kraken parent for tokenized UK stocks: FT
Trump Jr.-linked 1789 Capital leads Polymarket’s $1B raise: Report
Does the Bitcoin rally mean we haven’t wasted our lives in crypto?
London Stock Exchange partners with Kraken parent for tokenized UK stocks: FT
Trump Jr.-linked 1789 Capital leads Polymarket’s $1B raise: Report
BlackRock drives $217M Bitcoin ETF rebound as altcoin funds continue streaks
Bitcoin begins volatile monthly close as US bond yields eye new 20-year high
Mystery surrounds why an OG burned $1M in Bitcoin
Hyperliquid, Pump.fun account for nearly 90% of record $638M crypto buybacks: FT
Thailand SEC proposes retail access to regulated overseas crypto derivatives
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.
All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy .
Related Coins
SOL, XRP
Source
Cointelegraph RSS
Source: Cointelegraph RSS
