XRP News: Ripple Expands Custody Into ETH, SOL Staking

• Ripple adds Ethereum and Solana staking to custody services
• Institutions can earn staking rewards without running validators
• Move expands Ripple’s reach beyond the XRP Ledger ecosystem

Ripple is widening its institutional strategy with new staking services. The company is adding Ethereum and Solana staking to its custody platform.

The move shows Ripple’s push to grow beyond XRP-focused products. It also signals rising institutional demand for yield opportunities in proof-of-stake networks.

What Happened

Ripple announced a partnership with staking provider Figment. The collaboration enables Ripple Custody clients to access Ethereum and Solana staking.

Banks, custodians, and regulated firms can now offer staking rewards to customers. They do not need to operate validator infrastructure. Ripple said this keeps security and compliance standards intact.

Aaron Slettehaugh, Ripple’s senior vice president of product, said institutions need integrated systems to unlock digital asset value. He noted the service reduces technical friction and helps firms scale faster.

Why It Matters

Staking has become a core revenue stream in crypto. Institutions want exposure but often avoid the complexity of running nodes.

By embedding staking into custody workflows, Ripple positions itself as a one-stop infrastructure provider. This strengthens its pitch to banks and financial firms exploring blockchain services.

The expansion also shows Ripple’s strategy is not limited to the XRP Ledger. Supporting Ethereum and Solana increases its relevance across major layer-1 ecosystems.

Market Impact

The announcement follows Ripple’s recent integration of Hyperliquid into its prime brokerage platform, Ripple Prime. That move opened access to on-chain derivatives liquidity.

Together, these updates suggest Ripple is building a broader institutional stack. The company appears focused on custody, staking, and DeFi connectivity under one platform.

Expert Insights

Ripple executives said institutions want enterprise-grade compliance alongside crypto-native functionality. The firm argues that combining custody, governance controls, and staking in one system lowers operational risk.

This approach aligns with wider industry trends. Large financial players increasingly prefer infrastructure providers that bundle multiple services.

Ripple’s addition of Ethereum and Solana staking marks another step in its institutional expansion. The strategy centers on simplifying crypto participation for regulated firms.

If adoption grows, Ripple could strengthen its role as a bridge between traditional finance and digital asset infrastructure.