Ripple Partners With SettleMint on Tokenized Asset Lifecycle Management

Ripple has formed a strategic partnership with digital asset lifecycle management platform SettleMint to provide regulated financial institutions with a unified solution for custody, issuance, and management of tokenized assets across their full lifecycle. According to Foresight News, the collaboration combines Ripple Custody, Ripple's institutional digital asset custody infrastructure, with SettleMint's digital asset lifecycle platform. The integrated solution is designed to let institutions hold and manage digital assets through one system in a regulated, compliant, and secure way, without working separately with different providers for custody, issuance, compliance, and servicing. The two companies have already launched a cooperation project in Asia and plan to expand it to other markets as institutional demand grows.