On Feb. 25, Ripple Labs submitted a trademark application for “Ripple Custody” indicating that the payment settlement company is expanding its operations into crypto custody services.

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On Feb. 25, Ripple Labs submitted a trademark application for “Ripple Custody” indicating that the payment settlement company is expanding its operations into crypto custody services.

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“The application was submitted on Feb. 25 but has yet to be assigned to an examiner. The filing aligns with Ripple’s broader strategy to expand into the rapidly growing custody sector, which is projected to exceed $20 trillion as institutional adoption accelerates.”
“Ripple Labs has filed a trademark application for the word mark “Ripple Custody,” indicating that the company behind the XRP token is considering expanding its brand in the crypto custody space.”

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