The company Ripple has announced a strategic expansion of its institutional custody capabilities through new alliances with Figment and Securosys, seeking to optimize its staking and security services. Despite this technical progress, Ripple institutional adoption faces a complex landscape, with a market that has seen its native asset’s price drop drastically.
Through integration with Figment, the platform will allow banks and custodians to offer staking rewards on networks like Ethereum and Solana without managing their own infrastructure. However, this improvement in financial services comes at a time of weakness for XRP, whose valuation has fallen by 32% during the last month of operations.
Advanced security and flexibility for the regulated banking sector
On the other hand, the collaboration with Securosys adds support for hardware security modules (HSM) both in the cloud and on-premises, simplifying traditionally expensive procurement processes. According to official spokespersons, this measure seeks to remove the technical barriers that hinder Ripple institutional adoption in environments with extremely strict international compliance regulations.
Robert Rogenmoser, CEO of Securosys, highlighted that the solution allows entities to maintain full control over their cryptographic keys without adding unnecessary operational complexity. However, on-chain metrics show moderate activity, with a total value locked on the network that has dropped from 80 million to approximately 49.6 million dollars recently.
Although the company’s strategy focuses on settlement and custody use cases, DeFiLlama data reflects a slowdown in the decentralized finance sector lately. Therefore, stablecoin growth on the network remains steady but limited, standing near 415.85 million dollars in total market capitalization within the ledger at press time.
Will the new staking infrastructure manage to reverse XRP’s current bearish trend?
Because much of Ripple’s value lies in its infrastructure for the traditional financial sector, many analysts believe the real impact is not reflected in conventional metrics. Ripple institutional adoption through the acquisition of Palisade and the integration of compliance tools suggests that the company is preparing for a cycle of greater integration with global banking.
Nevertheless, the importance of this milestone lies in Ripple’s ability to position itself as a leading provider of financial technology against growing competition in the sector. Although XRP’s price is trading near 1.44 dollars, the consolidation of enterprise-grade services is seen by experts as a necessary step to ensure the long-term viability of the project.
Ultimately, Ripple continues in a technological arms race to perfect its payment and custody services for the world’s large corporations. It is expected that once macroeconomic conditions stabilize, these infrastructure improvements will facilitate a rebound in both network usage and the valuation of its native asset in global markets.
