Ripple Expands MPI License in Singapore for Full Institutional Custody Services

Jakarta, Pintu News – Ripple, a leading blockchain company, recently announced the expansion of its Primary Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). This expansion allows Ripple Markets APAC, a subsidiary of Ripple, to provide full digital asset services that include custody, token trading, and cross-border settlement under one regulatory umbrella.

Ripple Integrates DPT Payments in Singapore

The MPI license expansion granted to Ripple allows the company to integrate payment flows using Digital Payment Tokens (DPTs) such as Ripple (XRP) and the newly launched stablecoin, RLUSD. This is a significant step for Ripple in strengthening its position in the Asian market, particularly Singapore, which is known as a financial and technology hub.

With this license, Ripple can provide more efficient and transparent payment solutions to financial institutions. This expanded license also marks Ripple’s commitment to comply with local regulations while expanding its reach in the global financial sector.

Singapore, known for its strict financial regulations, provides an ideal platform for Ripple to demonstrate the compliance and reliability of its blockchain technology in safe and orderly financial operations.

Ripple Secures $500 Million in Funding for Global Expansion

During this year’s Ripple Swell event, Ripple announced that it had raised $500 million in funding led by institutional investors from the United States. The funds will be used to accelerate Ripple’s global expansion, with a focus on improving payment solutions using XRP and RLUSD. This shows the high confidence of the capital markets in Ripple’s potential and stability in the long run.

Read also: In an uproar, ex-Citi analyst calls Arthur Hayes’ claims about Tether baseless!

With a market capitalization that now stands at $40 billion, Ripple is in a strong position to lead the digital transformation in the financial sector. This investment not only strengthens Ripple’s position in the global market, but also marks a new era in the adoption of blockchain technology for faster and more secure financial transactions.

XRP and RLUSD Adoption Accelerated in Singapore

The adoption of XRP and RLUSD in Singapore by institutional investors through regulated channels will increase their market capitalization in the coming years.

This shows significant growth potential for Ripple in the face of current depleted market liquidity. With strong regulatory backing and technological innovation, Ripple is poised to lead the market in digital currency adoption.

Ripple’s ability to provide efficient cross-border payment solutions has been proven for over 10 years, especially between the United States and the Latin American (LATAM) corridor. With this expansion, Ripple not only strengthens its position in Asia but also globally, opening up new opportunities in the digital finance ecosystem.

Conclusion

Ripple’s expansion of its MPI license in Singapore marks an important step in the evolution of digital finance. With the full integration of digital asset services under strict regulation, Ripple is poised to lead the market in providing secure, fast, and efficient payment solutions. Going forward, this will help in increasing the adoption of XRP and strengthen Ripple’s position as a leader in the blockchain industry.

FAQ

What does the MPI license expansion mean for Ripple?

The MPI license expansion allows Ripple to provide complete digital asset services such as custody, token trading, and cross-border settlement under Singapore regulation.

Why is Singapore important for Ripple’s expansion?

Singapore is known for its strict and stable financial regulations, making it an ideal location for Ripple to demonstrate compliance and develop blockchain-based services.

What did Ripple raise $500 million for?

The funds are being used to accelerate Ripple’s global expansion, especially in the development of XRP-based payment solutions and the RLUSD stablecoin.

How has this expansion affected the adoption of XRP and RLUSD?

With strong regulation and usage by financial institutions, the adoption of XRP and RLUSD in Asia is expected to increase in the coming years.

What are the key implications for the global financial sector?

Ripple’s expansion strengthens digital transformation, bringing faster, safer, and more efficient cross-border payment solutions to financial institutions around the world.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*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

• CoinEdition. Ripple Expands Singapore MPI License for Full Institutional Custody Trade. Accessed on December 2, 2025
• Featured Image: Coinfomania