Ripple Partners with Absa Bank to Expand Digital Asset Custody in Africa

By Daily Hodl Staff

The crypto asset firm Ripple just announced a strategic partnership with a bank in South Africa.

Ripple says it’s teaming up with Absa Bank to deliver institutional-grade digital asset custody services.

This marks Ripple’s first major custody collaboration on the continent, enabling Absa to offer secure storage for crypto and tokenized assets amid rising institutional demand.

The partnership leverages Ripple’s scalable technology to meet regulatory and security standards, supporting Absa’s customers in exploring blockchain-based solutions.

Absa, which is one of Africa’s largest financial groups with operations in multiple countries, will integrate the custody offering through its Corporate and Investment Banking division.

According to Ripple’s 2025 New Value Report, 64% of Middle East and Africa finance leaders are now prioritizing faster payments via blockchain technology.

Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney