The announcement states that Ripple partnered with Securosys and Figment to simplify procurement and accelerate time-to-market for banks and custodians. Ripple now offers CyberVault HSM and CloudHSM capabilities from Securosys, allowing institutions to deploy hardware security module-based custody on premises or in the cloud without traditional cost or complexity barriers. Securosys CEO Robert Rogenmoser said:
“By integrating our CyberVault HSM with Ripple Custody, institutions gain an out-of-the-box, enterprise-grade solution that can be deployed quickly, without added complexity, while retaining full control over their cryptographic keys.”
He described the integration as providing direct cryptographic key control alongside scalable, cost-effective deployment, while supporting compliance across multiple regulatory jurisdictions through one of the broadest ranges of HSM providers supported by a custody platform.
FAQ ⏰ What is Ripple Custody designed for? It provides regulated financial institutions with secure, compliant digital asset custody and related services. How does the Securosys partnership enhance Ripple Custody? It adds CyberVault HSM and CloudHSM options for stronger cryptographic key control and compliance. What does the Figment integration enable? It allows institutions to offer staking for networks like ethereum and solana within custody workflows. Why is Ripple integrating Chainalysis and Palisade? To support real-time transaction screening, faster wallet delivery, and scalable institutional operations.
