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Absa launches institutional digital asset custody in South Africa using Ripple's technology.

Protocol Fundamentals
22 Sep 2026
Crypto news
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Bullish
Absa launches institutional digital asset custody in South Africa using Ripple's technology.

Absa Corporate and Investment Banking has officially launched Absa Digital Asset Custody in South Africa, utilizing Ripple's institutional custody technology. This service provides a secure, bank-grade environment for institutional clients to safeguard digital assets and manage private keys with strong governance and compliance controls. The launch marks a significant step for digital asset management in Africa amid evolving crypto regulations in South Africa. Absa plans to develop the platform further based on customer demand and regulatory changes, targeting corporate and institutional clients rather than retail users.

The launch of Absa Digital Asset Custody using Ripple's technology provides context for digital asset interest. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 22, 2026 13:02 WIB: Among 50 major cryptocurrencies, 43 rose and 6 fell today. Notably, XNO (Nano) surged 30.84% to Rp7.633 with a typical hold time of 86 days and a strong sell order activity of 85%, contrasting with COTI, which dropped 14.90% to Rp266 despite a longer hold time of 120 days and a buy order majority of 62%. DOGE rose 13.33% to Rp1.785 with a balanced order activity leaning slightly buy at 54%.

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