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Lawyer John Deaton interprets Ripple's aim at tokenization services and expanding custody infrastructure

2025-04-28 08:10

Odaily Planet Daily News: Ripple is expanding its hosting services by acquiring companies such as Metaco and Standard Custody. Cryptocurrency lawyer John Deaton stated that Ripple's move aims to become a one-stop blockchain solution provider for financial institutions and promote tokenization-as-a-service. Deaton pointed out that Ripple plans to use XRP Ledger and RLUSD stablecoins to support the tokenization of traditional assets such as stocks and real estate by banks, which is expected to increase XRP adoption and prices.

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