Exchanges· ★★· neutral·

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