Ripple and SettleMint have partnered to offer regulated financial institutions an integrated platform for tokenized asset management. The solution combines Ripple Custody, specializing in asset storage and security through hardware security modules and multi-party computation, with SettleMint’s Digital Asset Lifecycle Platform, which covers the entire asset lifecycle from design to post-issuance servicing. This collaboration initially targets Asia Pacific, a region where Singapore’s Monetary Authority and Hong Kong’s Securities and Futures Commission are developing regulatory frameworks favorable to digital asset innovation. BCG projects that the tokenized real-world assets market could reach 88 trillion dollars by 2035. SettleMint has also signed a memorandum of understanding with SBI Digital Markets, strengthening its presence in the Asian institutional finance ecosystem.
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