⚡️USA 🇺🇸: cryptocurrency platform Ripple registers a trademark for wallets, custodial services, and SaaS

Morgan Ellis

⚡️USA 🇺🇸: cryptocurrency platform Ripple registers a trademark for wallets, custodial services, and SaaS

The trademark called "Ripple Custody" will offer services related to cryptocurrency storage and asset management.

➡️ The downloadable app is expected to come with software that will allow users to store crypto assets, as well as perform various operations with cryptocurrencies and fiat, virtual, and digital money.

➡️ The trademark application was filed after Ripple launched its own custodial service in October 2024, marking the company’s expansion beyond payment operations.

➡️ If launched, the service could provide an additional source of revenue through transaction fees, competing with Ledger, Trezor, Trust Wallet, and Exodus.

➡️ Context: Institutional demand for secure asset storage has surged since the approval of spot bitcoin ETFs in the U.S. in 2024.

#news #USA #crypto

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