Absa and Ripple forge institutional digital asset custody in South Africa

Absa and Ripple forge institutional digital asset custody in South Africa

Absa Bank has announced a major strategic partnership with blockchain specialist Ripple to introduce institutional-grade custody solutions for tokenised assets, including cryptocurrencies, in South Africa. This move is significant, marking a turning point for how major traditional African banks engage with the burgeoning digital asset economy. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: EV…

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Absa inks crypto-currency deal with Ripple

Absa inks crypto-currency deal with Ripple

Absa will leverage Ripple’s digital asset custody technology. Big-four bank Absa has entered into a strategic partnership with Ripple, a provider of digital asset infrastructure for financial institutions, to provide digital asset custody to its customers in South Africa. In a statement, the bank says through the partnership, Absa will leverage Ripple’s digital asset custody…

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