Crypto firm Ripple has revealed how it is capturing the projected $16 trillion tokenization industry by onboarding several institutions onto the XRP Ledger (XRPL). The firm alluded to security and how its custody service is helping solve this issue. 

Ripple Comments On How It Is Capturing The Tokenization Industry Using XRP Ledger

In an X post, Ripple indicated that it has managed to capture some of the projected $16 trillion industry onto the XRP Ledger through the adequate security it provides institutions. The crypto firm stated that it provides a security environment that mirrors the rigor of the banks it serves, combining HSM with FIPS-certified hardware to deliver security that scales. That way, they can protect assets without sacrificing operational speed. 

Ripple further noted that legitimate integration with the global financial system requires verification. That is why they adhere to SOC 2 Type II and ISO 27001 standards, ensuring that the infrastructure of these institutions that tokenize on the XRP Ledger is compliant with necessary regulations.  

Commenting on this, Ripple’s Head of Information Security, Akshay Wattal, said that in crypto, security isn’t a feature but the foundation of institutional trust. He added that effective custody requires in-depth architecture, battle-tested cryptography, and the governance rigor of a global financial institution. 

Notably, Ripple provides custody solutions to global banks, including BBVA, SG Fogre, DBS Bank, and DZ Bank. However, these banks are yet to tokenize on the XRP Ledger even as institutions move to tap into this $16 trillion industry. The crypto firm continues to propose several ways to onboard these institutions onto the network. 

One of Ripple’s proposals is the introduction of Confidential Multi-Purpose Tokens (MPTs) on the XRP Ledger in order to provide privacy for these institutions. The company’s developer, Ayo Akinyele, also recently proposed native XRP staking on the network, which could compel these institutions to build on XRPL, as they can earn yields while doing so. 

Progress On Other Sides Of Its Business

In addition to its custody service, Ripple is also making progress in other areas of its operations, which also drives value to the XRP Ledger. The company announced yesterday that it had partnered with fintech company RedotPay, which has integrated Ripple Payments to launch a crypto conversion feature for Nigerian users. 

The development also provides a huge boost for XRP, which will be one of the supported assets on RedotPay’s “Send Crypto, Receive NGN” feature. Ripple revealed that there are plans to support its RLSUD stablecoin in the future. Meanwhile, Bitcoinist reported that the crypto firm had scored a major win after the Monetary Authority of Singapore approved an expanded scope of payment activities for the company. This enables Ripple to broaden the range of regulated payment services it offers in the country.

Ripple Labs has secured an expanded license from Singapore’s central bank, adding to its already strong regulatory foothold in the country. According to a Dec. 1 announcement, Ripple Markets APAC, which serves as the blockchain payment firm’s Singapore subsidiary, has…

Ripple Labs has received regulatory approval from Singapore’s central bank to widen the scope of its payments business, strengthening the firm’s push to deepen its institutional footprint across Asia-Pacific.

The company said Monday that its local unit, Ripple Markets APAC, has been cleared by the Monetary Authority of Singapore under its Major Payment Institution (MPI) license to expand regulated payment activities.

The decision enables the firm to broaden the services it can offer to banks and corporates in the city-state’s tightly supervised financial market.

Ripple President: Singapore Approval Sets Stage for Bigger Investment Push

Ripple President Monica Long said the company values Singapore’s regulatory stance and sees the broader license as a foundation for further investment.

She added that the move would help Ripple build infrastructure for financial institutions seeking faster and more secure cross-border payments.

At the center of those services is Ripple Payments, which connects clients to on- and off-ramps for collections, custody, currency conversion and payouts.

The system uses digital payment tokens such as RLUSD and XRP to settle transactions across borders, aiming to reduce fees and processing times for corporate users moving money internationally.

Singapore has been part of Ripple’s strategy since 2017. The firm first secured its MPI license in 2023, allowing it to provide regulated digital token services.

While the MAS registry still lists token-related activities under the license, the company says the latest approval widens its operating scope beyond those functions, positioning it to offer a broader set of institutional services.

Huge news from Singapore: https://t.co/KVxTs7IEKc

The @MAS_sg has approved an expanded scope of payment activities for our Major Payment Institution license – enabling us to deliver end-to-end, fully licensed payment services to our customers in the region.

— Ripple (@Ripple) December 1, 2025

The regulatory milestone arrives alongside an acquisition drive designed to support enterprise clients.

In early November, Ripple bought Palisade, a wallet and custodian provider, as part of a plan to bundle custody with payments and liquidity tools for large customers.

Regional growth has been a key driver. Ripple Asia-Pacific head Fiona Murray said on-chain activity in the region has climbed about 70% year-over-year, with Singapore at what she called “the center of that growth.”

She said the expanded permissions will help Ripple deliver regulated services “to the institutions driving that growth.”

Ripple’s RLUSD Wins Regulatory Green Light in Abu Dhabi

Last week, Ripple’s dollar-backed stablecoin RLUSD was cleared for institutional use in Abu Dhabi after receiving recognition as an Accepted Fiat-Referenced Token from the local regulator.

The approval allows licensed firms within Abu Dhabi Global Market (ADGM) to use RLUSD for regulated financial activities inside the free-zone financial center.

The green light was granted by the Financial Services Regulatory Authority, which supervises ADGM. Under the rules, companies can deploy RLUSD if they meet requirements around reserves, transparency, and compliance.

The decision strengthens Ripple’s expansion across the UAE. In recent months, the company secured approvals in Dubai and Abu Dhabi and onboarded partners including Zand Bank and Mamo.

As reported, Ripple is also weighing whether to bring staking to the XRP Ledger (XRPL), a move that would push the decade-old blockchain deeper into the rapidly expanding world of decentralized finance.

The post Ripple Wins Singapore Approval to Expand Regulated Payment Services appeared first on Cryptonews.

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