Ripple (XRP) Launches New Trademark, a Breakthrough in the Crypto Industry!

Jakarta, Pintu News – San Francisco-based leading blockchain company Ripple has filed a new trademark named “Ripple Custody”. The application covers the development of downloadable and cloud-based software to protect cryptocurrencies and fiat currencies.

Although the application has been received by the United States Patent and Trademark Office (USPTO), the review process is still pending the assignment of an examiner. This process can take several months before approval.

Check out the full info below!

Ripple’s New Strategy: Focus on Storage Business

With this latest trademark filing, Ripple has shown an increased focus on the storage business. Last year, Ripple also filed for several new trademarks in the US, including “Ripple Payments,” “RLUSD,” and “Ripple USD.”

Now, with the acquisition of Swiss storage company Metaco for $250 million in 2023, Ripple is further expanding its presence in this growing sector. In October 2024, Ripple introduced a “bank-grade” service that marks a major step in providing secure and reliable storage solutions.

Cassie Craddock of Ripple stated that storage will be one of the most promising areas in the crypto industry. This collaboration will strengthen Ripple’s position in providing effective and secure storage solutions for cryptocurrency users.

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Global Expansion and Strategic Collaboration

The global crypto storage market is expected to grow to $100 billion in less than a decade. Ripple has taken a strategic step by collaborating with BDACS, a storage company based in South Korea.

The partnership aims to provide storage for Ripple XRP->Current XRP PriceRp 0Market Cap-Trading Volume-Circulating Supply- and Ripple USD (RLUSD) stablecoins. It strengthens Ripple’s storage infrastructure and expands its service reach in Asia, a highly dynamic crypto market.

With the support of advanced technology and strict regulatory compliance, Ripple and BDACS seek to provide services that are not only secure but also easily accessible to users worldwide.

Conclusion

With strategic moves and continuous innovation, Ripple is demonstrating its commitment to leading the transformation of the crypto storage sector. Through innovative technology development and strategic collaborations, Ripple is poised for exponential growth in the global market. Going forward, Ripple is expected to continue innovating and expanding its services to meet the market’s evolving needs.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• U.Today. Ripple Applies for New Trademark: Details. Accessed on March 18, 2025
• Featured Image: Blockhead