Institutions demand integrated custody connecting settlement, payments, and treasury
TL;DR: A BCG report commissioned by Ripple finds institutional custody buyers now prioritize governance, interoperability, and operational integration alongside asset security.
Shift in custody priorities
Institutional custody has moved from key storage to asset usability. Ripple’s October 21 discussion of Boston Consulting Group’s research states that security is a baseline requirement for banks and investment firms. Evaluation criteria now include policy controls, interoperability, and the ability to connect custody with settlement, payments, and treasury systems.
Market estimate
BCG estimates that more than 30% of digital assets held outside centralized exchanges use institutional custody models. This figure comes from commissioned research and is not a direct count of all wallets.
Operational implications
The shift affects stablecoins and tokenized securities: institutions may hold assets in technically secure wallets yet be unable to deploy them without approval workflows, reporting, and compatibility with existing systems. Some firms may adopt multiple custodians orchestrated through a shared layer. Others may select integrated providers.
Context and caveats
Ripple sells custody infrastructure and commissioned the research. The framing is commercially interested. The broader industry question remains: the winning custody model enables conventional institutional controls while preserving the settlement advantages of blockchain systems.
Authors credited by the source: NewsBTC Editorial Team
Published by Holder based on an external source.
