ChainCatcher news, Ripple has announced the launch of a crypto custody service aimed at helping banks and fintech companies store digital assets. These new features include integration with Ripple's XRP Ledger blockchain platform, anti-money laundering risk monitoring, and a user-friendly interface.Ripple hopes to expand its business through this initiative, moving beyond its core payment settlement platform RippleNet. The company's Ripple Custody brand will provide services for tokenized real assets and allow for fast, low-fee transactions using the XRP Ledger. Ripple has also acquired Metaco and Standard Custody & Trust Company to further advance its custody business.

ChainCatcher message, according to Whale Alert monitoring, at 11:26 Beijing time, 400 million XRP (approximately $217,409,122) was transferred from the Ripple custody wallet to the Ripple wallet address.

ChainCatcher news, according to Whale Alert monitoring, a total of 800,000,000 XRP (approximately $492,577,916) has been locked in a Ripple custody wallet.Previously, 1 billion XRP (worth $600 million) was unlocked from Ripple's custody.