Ripple Custody announces support for XRP Ledger tokenization feature

Ripple's subsidiary, Ripple Custody, has announced support for the tokenization feature of XRP Ledger. According to cryptocurrency lawyer Bill Morgan, these features will also involve XRP tokens, thereby increasing the adoption rate of digital assets. Ripple Custody confirmed in a news statement that companies will be able to tokenize and manage some assets, including RWA, cryptocurrencies and fiat currencies while also "facilitating digital asset issuance and secure transfers directly from its platform."