RIPPLE: NAVIGATING CRYPTO How financial intermediaries can integrate cryptoassets
The financial services industry is at a key inflection point. As the crypto industry continues to mature — spawning new use cases, applications, and business models — banks, credit unions, payment service providers and fintechs will be presented with a unique opportunity to establish their position at the intersection of crypto and traditional finance.
In order to position themselves strategically, it’s essential for banks and financial intermediaries to understand how companies and consumers interact with crypto assets today, the capabilities (both technical and organizational) required to facilitate this interaction, the role service providers can play in helping develop these capabilities, and how the space may evolve in the future. We’re excited to equip financial institutions
with knowledge along these dimensions through the following commissioned research in partnership with Oliver Wyman, a leading financial services consulting firm. We hope this research enables a higher degree of comfort and understanding among financial intermediaries in their exploration of this rapidly expanding space.
Furthermore, we are excited to release Ripple Liquidity Hub this year to help businesses capture the opportunity crypto presents. For businesses and financial institutions that are interested in offering crypto solutions to their customers or interacting with crypto assets themselves, Liquidity Hub offers a technical platform through which companies of any size can buy, sell, or hold crypto internally or on behalf of their customers through one simple implementation. Liquidity Hub offers access to deep liquidity pools and leverages smart order routing and advanced algorithms to source optimized prices for a variety of crypto assets, including Bitcoin and Ethereum.
We’re looking forward to partnering with financial institutions in their exploration of crypto banking services using the knowledge and experience we’ve acquired over the past decade building one of the largest cross-border crypto payments networks with some of the world’s largest financial institutions.