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Ripple, BCG report explores institutions’ custody bets

Ripple said digital asset custody is becoming an operating layer for digital finance, citing a Boston Consulting Group report it commissioned. The report says more than 30% of digital assets, excluding holdings on centralized exchanges, are held through institutional custody models. BCG estimates that a regional bank with a $200–300 billion balance sheet could improve its profit and loss by up to $100 million with the right custody decisions; that is a projection, not a reported result.

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