It’s owned by Ripple, an enterprise blockchain firm based mostly in San Francisco Utilized For the US “Ripple Custody” trademark
Based mostly on the knowledge offered by the applying, Ripple is at the moment engaged on each downloadable and cloud-based software program that permits you to defend crypto and Fiat currencies.
The applying has already been obtained and recorded, however up to now no examiner has been assigned by the US Patent and Trademark Workplace (USPTO) to assessment. In different phrases, the trademark has not been permitted but.
It could take a number of months on your trademark utility to be reviewed and permitted. USPTO might reject the applying if there are competing logos.
Final 12 months, the corporate additionally utilized for a number of new US logos (RLUSD, Ripple USD).
The newest trademark utility reveals Ripple is more and more centered on its custody enterprise.
The corporate drove out $250 million in 2023 to amass Swiss custody firm Metaco. Since then, in October 2024, we have now launched “financial institution grade” companies, considerably increasing our presence within the sector.
As Reported by U.At this timeRipple's Cassie Craddock stated custody shall be one of the promising areas of cryptography.
The worldwide cryptocurrency administration market is predicted to develop to a whopping $100 billion inside the subsequent 10 years.
In late February, the corporate labored with South Korea-based custodian BDACS to offer custody to XRP and Ripple USD (RLUSD) Stablecoin.
