Ripple's custody services are experiencing significant growth as global banks increasingly integrate crypto infrastructure. Monica Long, President of Ripple, highlighted the rising demand for secure institutional custody solutions, noting that Ripple Custody has expanded among major banking institutions. This surge is driven by the need for secure digital asset management as banks and financial firms seek to scale their crypto operations. Long emphasized that digital asset custody is foundational for institutions entering the crypto sector, enabling services like payments and tokenization. Ripple's infrastructure is designed to align with existing institutional operations, offering customizable solutions that integrate seamlessly with current workflows. Notable clients such as Kbank, Kyobo Life Insurance, BBVA, and Intesa Sanpaolo have adopted Ripple's custody services, reflecting a broader industry shift towards secure and flexible digital asset management.