Ripple and SettleMint partner to provide digital asset custody and tokenization for financial institutions in Asia PacificRipple and SettleMint, a global leader in Digital Asset Lifecycle Management, have announced a strategic partnership offering regulated financial institutions a unified solution to custody, issue, and manage tokenized assets across their full lifecycle.
The partnership integrates Ripple Custody and SettleMint’s DALP (Digital Asset Lifecycle Platform). Ripple and SettleMint have already commenced their partnership offering in Asia and plan to extend this to other markets as institutional demand develops.The integration of digital assets and tokenized financial products has become essential for the future of banking and the traditional financial sector. In Boston Consulting Group's report, "The Future of Digital Assets," published in May 2026, the firm identifies the shift toward digital assets as a fundamental restructuring of financial infrastructure, projecting that tokenized RWAs could reach $88 trillion by 2035.
"Global capital markets are moving fully on-chain, and that shift only works when digital asset custody and lifecycle management operate as one system rather than two," — said Adam Popat, CEO of SettleMint.
"Combining Ripple Custody and DALP gives institutions that single foundation, and this partnership lets us bring it to regulated markets globally."
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