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Ripple Custody has expanded its institutional asset management capabilities by adding support for Hedera’s HBAR tokens, backed by an academic study. The solution leverages Multi-Party Computation (MPC) and decentralized recovery for secure cross-chain custody. This development enhances compliance and flexibility for regulated financial institutions.
- Ripple Custody integrates HBAR support via MPC wallets, enabling secure cross-chain asset management for institutions.
- DeRec protocol eliminates seed phrase risks by distributing encrypted recovery across decentralized helper nodes.
- Compliance features include whitelisting, withdrawal caps, and role-based controls for U.S. and EU regulations.
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