Ripple Study Finds Banks Could Unlock $100M Beyond Crypto Custody

Digital asset services and custody choices could improve a regional bank’s financial results by up to $100 million, according to research commissioned by Ripple. The findings position custody as infrastructure for payments, lending, and tokenized assets. Banks could improve their financial results by combining digital asset services with custody infrastructure suited to those activities, Ripple outlined Oct. 21. The blockchain payments company highlighted institutional custody research , which it commissioned from Boston Consulting Group (BCG). The consultancy estimates up to $100 million in potential improvement for a regional bank with a $200 billion to $300 billion balance sheet.

Source: Bitcoin.com News