Ripple Labs, the company behind the XRP cryptocurrency, recently filed a trademark for "Ripple Custody." This suggests they're planning to expand into the crypto custody business. Custody services protect digital assets from loss or theft, a growing need in the crypto world. This move could diversify Ripple's income.
- Ripple is exploring crypto custody services.
- This could involve a new crypto wallet.
- The move aims to increase Ripple's revenue streams.
| Item | Details |
|---|---|
| Trademark Filing | For "Ripple Custody" |
| Potential Service | Cryptocurrency storage and management |
| Company Goal | Revenue diversification |
