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Ripple Renews Custody Partnership with Garanti BBVA Crypto in Turkey

The renewed collaboration aims to enhance institutional access to XRP and expand Ripple’s presence in the Turkish digital asset market.

XRP

Summary

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Terms & Concepts
  • Custody partnership: A collaboration where one company manages the secure storage of another’s digital assets on behalf of institutional clients.
  • XRP: The native cryptocurrency of the Ripple network, used for cross-border payments and liquidity solutions.
  • Garanti BBVA Crypto: The cryptocurrency division of Garanti BBVA, a major Turkish bank, offering digital asset services and custody solutions.