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Ripple and SettleMint partner to simplify bank asset tokenization with one integrated platform.

Market News
13 Sep 2026
Coinpaper
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Bullish
Ripple and SettleMint partner to simplify bank asset tokenization with one integrated platform.

Ripple has partnered with SettleMint to offer banks a unified platform combining custody, issuance, compliance, settlement, and servicing for tokenized assets. This integration aims to reduce the complexity banks face by replacing multiple vendors with a single coordinated stack. The move is timely as digital real-world assets could reach $88 trillion by 2035, presenting a huge opportunity and risk for traditional banks. While the partnership strengthens Ripple's institutional presence, it does not require banks to use XRP or its blockchain, meaning it enhances Ripple's ecosystem without directly driving XRP demand. The next key milestone will be a named bank using this combined platform in production with disclosed transaction details.

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