Exchanges· ★★★· bullish·

Absa Launches Bank-Grade Crypto Custody in South Africa Using Ripple Technology

  • —Absa becomes Ripple's first major custody partner in Africa
  • —Sub-Saharan Africa received over $205 billion in onchain value from July 2024 to June 2025
  • —Regional crypto activity grew roughly 52% year over year
  • —The custodian applies banking-grade governance, compliance and key recovery standards
Why it matters: A major African bank is legitimizing institutional crypto custody, giving regional corporations a regulated route into digital assets.
#XRP
Source: Coinpaper
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