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Ripple Strikes Major Deal: Germany’s DZ BANK Goes Live with XRP Custody

coinpedia.org

1 day ago

Ripple Strikes Major Deal: Germany’s DZ BANK Goes Live with XRP Custody

Story Highlights Germany’s DZ BANK goes live with Ripple-powered digital asset custody, handling over €350B in assets under German eWpG law. Ripple quietly integrates into traditional finance, positioning XRP at the core of tokenized securities and CBDC infrastructure. Ripple just made a massive move in Europe, quietly. According to crypto analyst pumpius on X, Germany’s second-largest bank, DZ BANK, has officially gone live with a Ripple-powered digital asset custody platform. With over €350 billion in assets under custody, this partnership marks a huge milestone for Ripple, especially as it slips into the core infrastructure of traditional finance without making a huge hype. A Building Block for the Digital Euro? DZ BANK’s integration comes under Germany’s forward-looking Electronic Securities Act (eWpG), which allows institutions to issue digital securities without paper certificates. This legal structure has opened the door for Ripple to become a backbone for tokenized assets and, potentially, CBDC development. Analysts even called it “CBDC infrastructure, disguised as custody”, a major signal of what’s brewing behind the scenes. Tokenized Bonds, Crypto Securities & XRP Ripple is quietly making its way into traditional banking, and now it’s starting to show. Germany’s second-biggest bank, DZ BANK, is officially using Ripple’s technology to manage digital assets like tokenized bonds and crypto securities. The move is fully approved under German law. Instead of making a big public splash, Ripple is focusing on building quietly behind the scenes. The goal is to become part of the financial system from the inside. It’s no longer just about cross-border payments. Ripple is now creating tools that help banks manage digital assets from start to finish, including issuing, storing, and settling them. Interestingly, DZ BANK has become the first major European bank to put Ripple’s institutional-grade custody system into real-world use. This move could set the stage for other top-tier banks to follow. At the center of it all is XRP, serving as the bridge that ties the entire digital asset process together, from issuance to settlement. Ripple’s “Silent Infiltration” Strategy Without hype or headlines, Ripple’s tech is steadily becoming foundational in regulated finance. As the analyst noted, this is a “silent infiltration,” and DZ BANK could be just the beginning. With real clients and real assets now live, Ripple’s presence in Europe’s financial backbone is no longer speculative, it’s here.

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