From the press release: “Ripple, the leading provider of digital asset infrastructure, and Futureverse, a premier AI and metaverse technology and content company, announced plans to integrate Ripple Custody to enable Futureverse to securely custody its digital assets.”

“Ripple and Futureverse are long-standing participants in the XRP Ledger (XRPL) community. Futureverse has adopted the XRPL NFT standard, which leverages the network’s low transaction fees and high throughput capabilities. Additionally, Futureverse utilizes XRP as the network gas token and is integrated with the XRPL decentralized exchange (DEX) to supply network liquidity. In 2023, Ripple participated in Futureverse’s $54 million Series A funding round, led by 10T Holdings.”

Custody is a critical entry point to tokenization. Everyone – from big banks to crypto natives – needs secure and compliant infrastructure to power enterprise use cases. Excited to further our partnership with @futureverse 🤝 https://t.co/oTA7ZZGxyp

— Monica Long (@MonicaLongSF) September 3, 2024