Ripple and SettleMint Partner to Integrate Ripple Custody into SettleMint's Digital Asset Lifecycle Platform for Banks
Ripple and SettleMint have announced a strategic partnership to deliver integrated, compliance-ready tokenized asset infrastructure for financial institutions, integrating Ripple Custody into SettleMint's Digital Asset Lifecycle Platform (DALP). The collaboration targets the estimated $4–5 trillion real-world asset tokenization market projected by 2030, initially focusing on Asia Pacific financial institutions, with expansion to other regions planned as demand grows.
San Francisco, CA and Brussels, Belgium, September 1, 2026. Ripple and SettleMint have announced a strategic partnership to deliver integrated, compliance-ready infrastructure for financial institutions seeking to participate in tokenized asset markets. The partnership integrates Ripple Custody (Ripple's institutional digital asset custody infrastructure) into SettleMint's Digital Asset Lifecycle Platform (DALP), creating a unified entry point for banks targeting the estimated $4–5 trillion tokenized real-world asset market projected by 2030. It is not an XRP Ledger payment-rails or ODL integration.
The partnership addresses what both companies identify as the primary barrier to institutional adoption: the absence of a single, compliant infrastructure stack that connects payment settlement, asset tokenization, and regulatory reporting. Banks currently face fragmented vendor relationships, inconsistent compliance frameworks, and significant technical integration costs when attempting to deploy tokenized asset programs independently.
"Financial institutions are ready to move from pilot programs to production deployment," said Ripple CEO Brad Garlinghouse. "This partnership gives banks the infrastructure certainty they need to commit capital and resources to tokenized asset strategies at scale."
Market Timing and Institutional Context
The announcement follows a series of institutional developments that have accelerated demand for tokenized asset infrastructure. BlackRock launched its BSTBL and BRSRV tokenized money market funds in August 2026. Visa expanded stablecoin settlement access to its network of 70-plus million merchants in June 2026. Vietnam announced a regulated cryptocurrency market framework in August 2026, with full implementation expected between Q4 2026 and Q2 2027.
According to Deloitte's 2026 Global Blockchain Survey, 65% of global banks plan to launch tokenized asset initiatives by 2027. The Ripple-SettleMint platform targets mid-tier and regional banks that lack the internal resources to build compliant infrastructure independently.
The XRP Ledger currently processes 2.5 million daily transactions with $2.8 billion in DeFi total value locked. XRP trades at $2.85 as of September 1, 2026, reflecting a 145% year-to-date gain and a $155 billion market capitalization.
Platform Architecture and Use Cases
The integrated platform combines SettleMint's low-code blockchain development environment with Ripple Custody, integrated into SettleMint's DALP. Banks can deploy tokenized securities, commodities, and real estate instruments through a single interface, with compliance modules aligned to the EU's MiCA regulation and frameworks under development in Singapore, Hong Kong, and Vietnam.
The integration initially targets Asia Pacific financial institutions, with expansion to other regions planned as demand grows. Full commercial availability is planned for Q1 2027, with the Vietnam regulated market launch representing a key regional milestone in Q2 2027.
Custody, settlement finality, and regulatory reporting are handled within the integrated stack, reducing the vendor coordination burden that has slowed institutional deployment timelines.
Roadmap and Expansion
The partnership will prioritize MiCA compliance certification in Q1 2027, enabling broader European bank participation. Singapore and Hong Kong regulatory approvals for tokenized assets, expected in Q4 2026 and Q1 2027 respectively, create additional Asia-Pacific demand the partnership is positioned to serve.
The companies have set a target of 50-plus bank clients and $100 billion in tokenized asset settlement volume by Q4 2027.
About Ripple
Ripple provides enterprise blockchain solutions for cross-border payments and tokenized asset infrastructure. The company operates On-Demand Liquidity corridors in 40-plus countries, processes $1.4 billion in monthly transaction volume, and maintains partnerships with 200-plus financial institutions globally. Ripple's XRP Ledger supports 2.5 million daily transactions and $2.8 billion in total value locked across its DeFi ecosystem.
About SettleMint
SettleMint is an enterprise blockchain platform founded in 2017 and headquartered in Brussels, Belgium. The company serves 50-plus financial institutions and enterprises across Europe and Asia, providing low-code tools for tokenized asset deployment, smart contract development, and compliance reporting. SettleMint's platform supports integration with public and permissioned blockchain networks.