Altcoins● Neutral

BNY Opens XRP Custody to Eligible Clients in One Rollout Type

TradingGain Newsroom·1d ago·28 Oct 2026, 03:40 UTC

BNY now lets eligible clients hold XRP through its custody service. The offer comes with only one rollout type, and moving existing tokens into custody would not count as new purchases, which may matter for traders tracking institutional XRP demand.

XRPAt the time of writing, XRP traded at $1.34 (+2.93% in 24h).Live price →

Why it matters

Eligible clients can now hold XRP through BNY.
Transferring existing tokens would not create additional purchases.
Only one rollout type exists so far, so the scope is narrow.

What to watch next

Watch for any expansion beyond the single rollout type or updates on which clients qualify for XRP custody.

XRPLive chartOpen full chart →

This brief is written by TradingGain from public reporting by CryptoSlate.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.