
Ripple: BCG research frames custody as the operating layer of digital finance
- —Over 30% of digital assets outside CEXs sit in institutional custody
- —MiCA and the GENIUS Act made safekeeping and key management baseline requirements
- —A bank with a $200–300B balance sheet could lift P&L by up to $100M via custody decisions
- —BCG expects consolidation around vertically integrated custody providers
Why it matters: Custody infrastructure is becoming a prerequisite for banks to launch tokenization and stablecoin services, shaping how institutional capital enters crypto.
Source: Blockchain.News