The “Ripple Custody” word mark filing notes the potential for a Ripple crypto wallet and software services to ensure a secure storage, distribution and management of assets.

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“The filing notes four use cases for the word mark, including one that reads “Financial services, namely, custodial services in the nature of maintaining storage and possession of cryptocurrency […] for financial management purposes.”

“According to the trademark filing, Ripple Custody will feature downloadable and cloud-based software to safeguard cryptocurrencies and fiat currencies. This initiative aims to deliver secure storage, transmission, and management of digital and traditional assets.”

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