Ripple And SettleMint Target Post-Issuance Work From Custody To Recordkeeping

TL;DR
- Ripple and SettleMint are combining Ripple Custody with DALP to manage compliance, settlement, servicing and recordkeeping after tokenized assets are issued.
- DALP can prepare and route transactions, but private keys remain inside Ripple Custody, preserving a separation between lifecycle operations and signing authority.
- The partnership formalizes an existing technical integration for Asia-Pacific institutions, but no live customer, asset, blockchain, transaction volume or production deployment has yet been publicly identified anywhere.
Ripple and SettleMint are packaging custody and digital-asset lifecycle management into a joint offering for regulated institutions in Asia-Pacific, targeting the operational work that begins after a tokenized asset is issued. The partnership connects Ripple Custody with SettleMint’s Digital Asset Lifecycle Platform, or DALP, covering tasks such as compliance checks, settlement, servicing and recordkeeping. The notable shift is that tokenization is being treated less as an issuance event and more as a long-running operational process. Banks still need controls for ownership, payments, redemptions and auditable records once a bond or fund moves onchain across the asset’s entire working life.
… Continue reading the full article at the original source below.


