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International Business Times
International Business Times
Business
Marvie Basilan

Ripple Revives $XRP Army After Filing Trademark Application For Custody Service

Ripple XRP Crypto
Ripple Custody (Credit: Ripple Website Video / Screenshot)

KEY POINTS

  • Among the use cases for the word mark applied for were crypto and fiat custody services
  • Ripple Custody was launched late last year as Ripple moved to diversify its payment settlement-focused business
  • $XRP holders were overjoyed with the news, expecting the development to have a positive effect on the coin

Fintech firm Ripple reawakened a seemingly resting XRP Army after news emerged about the company's filing of a trademark application for "Ripple Custody," months after it launched a custody service.

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