BNY adds XRP and RLUSD custody, Ripple gets OCC trust bank approval

X Finance Bull, a popular digital asset commentator, has highlighted a series of major developments involving XRP, Ripple , and top-tier financial institutions to address ongoing doubts about XRP’s legitimacy within the cryptocurrency sector. Bank of New York Mellon (BNY) has broadened its digital asset custody platform to support XRP and RLUSD, reflecting increased institutional interest in digital currencies. This expansion allows eligible institutional clients to store and transfer these assets using BNY’s infrastructure, following an announcement made in late October 2026. BNY has already been the primary custodian for RLUSD reserves since July 2025 through its partnership with Ripple Prime. The latest collaboration further deepens this relationship, extending custody services from RLUSD to XRP itself.

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