Elevator Pitch
Ripple’s platform, Harmonize™, is the institutional standard for mission-critical digital asset custody infrastructure, mandated by 6 out of top 10 global custodians, and proven to enable many regional banks, exchanges, financial institutions and corporates to launch new business models in the digital asset economy. When interacting with and operating digital assets represented on private or public blockchains, institutions are faced with many challenges and trade-offs, from how to securely issue or safekeep those assets, to how to create liquidity and networked services around these classes. Harmonize, with its bank-grade security architecture, underpinned by asset-agnostic compliance frameworks, removes these trade-offs and allows top tier financial institutions such as Citi, BNP Paribas, Societe Generale – FORGE, DBS and others to create long-lasting competitive advantage in the digital asset economy.
Problem Solved
Ripple’s custody, tokenization and orchestration platform for institutional digital asset management helps institutions to:
- Remove the inherent tradeoffs when custodying digital assets, on their behalf or on behalf of their clients, between maximum level of security & compliance vs. agility & flexibility;
- Connect to a massive universe of distributed ledger protocols, such as all major public and permissioned ledgers, cryptocurrencies, DeFi tokens and smart contracts;
- Obtain smart access to exchanges and liquidity venues to allow seamless trading and settlement of digital assets of any kind;
- Tokenize financial and real-world assets, unlocking trapped liquidity and obtaining critical efficiency gains in back office infrastructure;
- Embed institutional custody services into DeFi protocols, NFT platforms and DApps.
Solution / Technology
Description of Ripple Solution
Ripple Harmonize™ is a unified digital asset operating system for institutions, underpinned by fully integrated custody, tokenization and orchestration capabilities with full support for all digital asset use cases.
The platform allows institutions to:
- Secure, trade, transfer and settle any type of financial and non-financial digital asset.
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- cryptocurrencies, stable coins, CBDCs
- tokenized securities, commodities, utilities
- non-fungible tokens (NFTs)
- Tokenize and manage regulated securities and non-regulated assets.
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- equities, bonds, certificates, debt
- real estate, fund structures
- art & collectibles, gaming, identity, content, IP
- Connect and embed into all relevant DeFi and Web3 apps securely.staking, lending, borrowing, financing
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- NFT platforms & app marketplaces
- decentralized exchanges, DAOs
The orchestration capabilities transform Ripple Harmonize™ into a unified hub to connect, secure and govern all digital asset transactions and operations across various:
- self-custody solutions,
- sub-custodians,
- trading venues,
- external accounts,
- settlement networks,
- DeFi protocols,
- Web3 apps,
- tokenization engines
- and other digital asset backends.
MARKET SIZE
With deep roots in the banking industry, Ripple now serves any type of financial and non-financial institution globally that wishes to operate in the digital asset economy. Mainly, Ripple’s addressable market is:
- Global custodians – allowing them to build tomorrow’s financial market infrastructure.
- Retail, private and universal banks – allowing them to satisfy demand for new asset classes.
- Neobanks & fintechs – allowing them to find new routes to monetizing existing user base.
- Regulated exchanges – allowing them to grow volumes and profit margins in a secure, scalable and compliant way.
- Corporates – allowing them to boost customer loyalty and engagement, while diversifying their treasury and funding operations.
