Mars Finance News: Ripple is expanding its custody services by acquiring companies such as Metaco and Standard Custody. Crypto lawyer John Deaton stated that Ripple's aim is to become a one-stop blockchain solution provider for financial institutions and promote tokenization-as-a-service. Deaton noted that Ripple plans to use XRP Ledger and LUSD stablecoin to support bank tokenization of traditional assets like stocks and real estate, which is expected to increase XRP adoption and price.
Attorney John Deaton explains Ripple's focus on tokenization services and expansion of custody infrastructure
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