Move extends Ripple\u2019s ongoing collaboration with the Spanish banking group<\/p>\n
LONDON AND MADRID, September 9, 2025 \u2013 Ripple<\/a>, the leading provider of digital asset infrastructure for financial institutions, today announced an agreement with BBVA<\/a> to provide its digital asset custody technology to the Spanish bank. The move supports BBVA\u2019s recent announcement<\/a> of its new crypto-asset trading and custody service for bitcoin and ether, which it has made available to retail customers in Spain. <\/p>\n Through the agreement, BBVA will leverage Ripple Custody<\/a>, Ripple\u2019s institutional-grade digital asset self-custody technology to deliver a scalable and secure custody service for tokenized assets, including crypto-assets. <\/p>\n \u201cNow that the EU\u2019s Market’s in Crypto-Assets regulation (MiCA) is established across Europe, the region\u2019s banks are emboldened to launch the digital asset offerings that their customers are asking for,\u201d said Cassie Craddock, Managing Director, Europe, at Ripple. \u201cBBVA has long been one of the region\u2019s most innovative banks and we’re proud to support its ambitions with the most secure and compliant digital asset technology on the market.\u201d<\/p>\n Ripple\u2019s custody technology enables financial institutions like BBVA to confidently respond to customer demand for access to crypto and other digital assets while meeting strict security, operational, and regulatory requirements.<\/p>\n \u201cBBVA has long demonstrated strong leadership in digitization and innovation and the launch of our digital assets offering in Spain follows earlier offerings in Switzerland and Turkey,\u201d said Francisco Maroto, Head of Digital Assets at BBVA. \u201cRipple\u2019s custody solution allows us to leverage proven and trusted technology that meets the highest security and operational standards, allowing BBVA to directly provide an end-to-end custody service to its customers. Through this agreement we can deliver on our goal of supporting our customers to explore digital assets, backed by the strength and security of a bank like BBVA.\u201d<\/p>\n The new agreement between Ripple and BBVA in Spain builds on a longstanding collaboration between the two companies. Ripple also provides custody technology to Garanti BBVA<\/a> in Turkey and BBVA Switzerland<\/a>. <\/p>\n Thanks to its simple, secure, compliant digital asset infrastructure, Ripple is well-positioned to provide the core services that financial institutions need to store, exchange and move digital assets. Ripple has over a decade of experience in the digital asset space and holds 60+ regulatory licenses and registrations in various jurisdictions around the world.<\/p>\n About Ripple <\/p>\n Ripple is the leading provider of digital asset infrastructure for financial institutions\u2014delivering simple, compliant, reliable software that unlocks efficiencies, reduces friction, and enhances innovation in global finance. Ripple\u2019s solutions leverage the XRP Ledger and its native digital asset, XRP, which was purpose-built to enable fast, low-cost, highly scalable transactions across developer and financial use cases. With a proven track record working with regulators and policymakers around the world, Ripple\u2019s payments, custody and stablecoin solutions are pioneering the digital asset economy\u2014building credibility and trust in enterprise blockchain. Together with customers, partners and the developer community, we are transforming the way the world tokenizes, stores, exchanges, and moves value.<\/p>\n About BBVA<\/p>\n BBVA is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico and it has leading franchises in South America. It is also the leading shareholder in Turkey\u2019s Garanti BBVA and has an important investment, transactional and capital markets banking business in the U.S. Its purpose is to bring the age of opportunities to everyone, based on our customers\u2019 real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests on solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society.<\/p>\n Media Contacts<\/p>\n Ripple – Ian Burge<\/p>\n