Renowned crypto payment giant #Ripple has filed for the “Ripple Custody” trademark with the USPTO, as listed in the Justia U.S. legal database.

Ripple submitted the application on February 25. XRP community figure, Crypto Eri, recently discovered the update, highlighting it in a post on X.

Details of Ripple Custody Trademark

Under this trademark, Ripple aims to offer downloadable software for the custody of crypto assets, virtual currency, and fiat currency. It also seeks to provide downloadable software for transmitting, storing, and managing these assets.

The filing also covers peer-to-peer network services for the electronic transmission of financial data related to custody and storage, as well as providing temporary, non-downloadable software for the custody, transmission, and storage of these currencies.

Moreover, this includes Software as a Service (SaaS) for managing and transferring cryptocurrency, fiat currency, and digital currency.

Notably, this move comes several months after Ripple acquired the custody firm Metaco. Ripple is now progressing in its efforts to offer infrastructure services for institutions. 

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