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Ripple partners with Absa to launch digital asset custody service in Africa

Protocol Fundamentals
21 Sep 2026
UToday
View Source
Bullish
Ripple partners with Absa to launch digital asset custody service in Africa

Ripple has partnered with Absa Corporate and Investment Banking (CIB) to launch Absa Digital Asset Custody, expanding Ripple's custodial services into Africa. This new platform will provide institutions with a secure, regulated environment to safeguard digital assets and manage private keys using Ripple's custody technology. The service aims to deliver institutional-grade security, governance, and control, integrating Ripple's technology with Absa's banking infrastructure and regulatory compliance. This move marks a significant step in bringing advanced digital asset management solutions to the African market.

XRP's market cap stands at Rp1.675,52 trillion as of September 21, 2026, 20:05 WIB, highlighting its significant presence in the digital asset space. On Pluang, XRP is trading at Rp26.483 with a strong 1-day gain of 8.65%, supported by a 24-hour trading volume of Rp81,79 trillion. The platform shows a typical hold time of 71 days and a selling bias with 67% of orders being sell orders. This data underscores XRP's active trading environment concurrent with Ripple's expansion into digital asset custody in Africa.

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