header-langage
简体中文
繁體中文
English
Tiếng Việt
한국어
日本語
ภาษาไทย
Türkçe
Scan to Download the APP

Ripple Applies for Custody and Wallet Trademark, Expanding Crypto Custody Business

2025-03-18 02:34

BlockBeats News, March 18, Ripple Labs has submitted a trademark application for "Ripple Custody." According to the application documents, this trademark covers financial services, including the storage and management of cryptographic assets to meet financial management needs. This trademark application follows closely behind Ripple's launch of custody services in October 2024, indicating that the company is seeking to expand its revenue sources beyond payment settlement.


Furthermore, the trademark application also mentions "downloadable cryptocurrency, fiat currency, virtual currency, and digital currency custody, transfer, and storage software," which may suggest that Ripple is considering launching an official cryptocurrency wallet. Currently, the company has not provided official wallet services, but if launched, this product may support XRP and other digital assets, creating a new revenue stream through transaction fees. A Ripple spokesperson declined to comment on the trademark application.

举报 Correction/Report
This platform has fully integrated the Farcaster protocol. If you have a Farcaster account, you canLogin to comment
Correction/Report
Submit
Add Library
Visible to myself only
Public
Save
Choose Library
Add Library
Cancel
Finish