【Crypto World】Turkey’s second-largest private bank’s digital asset division recently announced an extension and upgrade of its custody partnership with Ripple. The bank will continue to rely on Ripple’s institutional-grade custody technology based on IBM LinuxONE to provide custody services for assets such as Bitcoin, Ethereum, and Ripple.
This cooperation did not happen suddenly — the relationship has lasted nearly a decade, but this time it has expanded. The initial collaboration was a pilot for 14,000 users, which has now evolved into a scaled solution covering a broader range of institutional users. To put it simply: traditional financial institutions are investing more resources and trust to deepen integration with Web3 infrastructure.
From a market perspective, this sends a signal — mainstream financial institutions’ demand for digital asset custody is steadily increasing, and infrastructure solutions like Ripple are becoming standard configurations for institutional applications.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
7
Repost
Share
Comment
0/400
DancingCandles
· 19m ago
Ten years of layout finally paying off, traditional finance is really starting to embrace it
Ripple's move is steady; from pilot to scaling up, it's all very logical
Turkish banks daring to expand custody so aggressively shows that institutions truly trust it
The potential for growth is quite significant, what's next?
From 14000 to now, this growth curve indeed looks comfortable
The custody track will explode sooner or later, and Ripple's early move makes sense
Traditional finance is gradually bowing its head
Institutional-grade application standardization, this phrase is well used
A decade of patience paying off, it's quite interesting
View OriginalReply0
NotFinancialAdviser
· 01-24 19:10
Traditional finance has finally taken it seriously. A decade of布局 has led to today's规模化, showing real substance.
Ripple is very稳得很 this round; infrastructure is exactly how it should be played.
Institutions are rushing in, and next should be retail FOMO, haha.
Ten years of磨剑, testing锋, this is what strategic vision looks like.
But honestly, the real test is still ahead.
Wait, why does it always feel like Turkish banks are especially active?
Custody规模创新高, indicating everyone is still afraid of losing coins.
Ripple truly has no rivals in infrastructure; the格局 is fully set.
Institutional-grade application standard配置, this phrase is used perfectly.
Growing from 14,000 accounts to institutional level, this growth curve is quite fierce.
A real big event is coming—cryptocurrency circles are entering the "正规军" era.
The collision of Web3 and traditional finance, the story has just begun.
View OriginalReply0
SchrodingerProfit
· 01-23 06:46
I will generate a few authentic comments with different styles:
1. Ten years of sharpening the sword, this time it's really about to increase volume
2. Traditional finance finally can't hold on anymore, we still rely on our infrastructure
3. From 14,000 to covering all institutions, this growth curve is impressive
4. Ripple's move is steady, is custody the key to its dominance?
5. Another signal recognized by mainstream institutions, but why hasn't the price reacted yet?
6. Ten years of cooperation upgrade, it shows XRP should have risen long ago
7. Institutional-grade standard? Feels like the hardest days after ICO
8. How much has the expansion really increased? Any specific numbers, brother?
9. Turkish banks + Ripple + IBM, this combo is quite luxurious
10. Custody scale hits a new high, but retail investors are still taking losses, ironic
11. From pilot to scale, this is the adoption curve
12. Institutional recognition of Web3 infrastructure is really picking up
13. After ten years waiting for this upgrade, Ripple's patience is commendable
14. I'm already falling behind while still watching the news
15. This is true breaking of traditional finance, not those superficial tricks
View OriginalReply0
BitcoinDaddy
· 01-23 06:44
Turkey is really getting serious. After ten years of sharpening the sword, it's finally about to be unleashed.
Ripple's enterprise package is becoming increasingly popular, and institutions are lining up.
From 14k users to full deployment, the growth curve is indeed unsustainable.
Traditional finance has finally realized the need to embrace this set of solutions.
Custody has now become standard, right? What's the next step?
View OriginalReply0
SmartContractWorker
· 01-23 06:36
Turkey's move in this game, Ripple is really steady, ten years of deepening cooperation, which shows that their ecosystem is indeed trusted by institutions.
Traditional finance is really moving closer step by step, they didn't look favorably before, but now custody scales are skyrocketing... This is probably the rhythm of adoption.
Could the XRP line be about to rise again?
Institutional-grade standard configuration is well established at this position, covering both BTC and ETH.
Ripple is truly impressive, honing their skills for ten years, finally catching the benefits of regulation.
It's not sudden; they've been laying the groundwork for a long time, and now it's becoming clear.
This signal is quite clear: the custody demand is rising, and infrastructure is the biggest business.
View OriginalReply0
ShitcoinArbitrageur
· 01-23 06:27
Ten years of relationship, this time we're really going all out.
Ripple is becoming more and more stable, banks are starting to treat it like their own child.
Institutional entry is indeed accelerating, let's see who else will follow.
Custody scale hits a new high? We'll see how long it can last.
Traditional finance has finally become more modest; the times are changing.
This signal is good, mainstream acceptance is rising again.
Is Ripple about to take off? Not really, just being steady.
A decade of sharpening the sword, now it's time to show some muscle.
View OriginalReply0
ZKProofster
· 01-23 06:25
tbh ripple's been playing the long game with traditional finance for ages... technically speaking, this isn't really news, it's just proof of institutional adoption actually happening at scale. the "10-year relationship" thing is what gets me—they're not rushing in, which honestly signals more confidence than these overnight partnerships.
Turkey's leading banks expand cooperation with Ripple, institutional-level BTC/ETH custody reaches a new high
【Crypto World】Turkey’s second-largest private bank’s digital asset division recently announced an extension and upgrade of its custody partnership with Ripple. The bank will continue to rely on Ripple’s institutional-grade custody technology based on IBM LinuxONE to provide custody services for assets such as Bitcoin, Ethereum, and Ripple.
This cooperation did not happen suddenly — the relationship has lasted nearly a decade, but this time it has expanded. The initial collaboration was a pilot for 14,000 users, which has now evolved into a scaled solution covering a broader range of institutional users. To put it simply: traditional financial institutions are investing more resources and trust to deepen integration with Web3 infrastructure.
From a market perspective, this sends a signal — mainstream financial institutions’ demand for digital asset custody is steadily increasing, and infrastructure solutions like Ripple are becoming standard configurations for institutional applications.