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Breaking News: BNB Hits Record High Exceeding $900 Following Binance And Franklin Templeton Collaboration

Ripple To Offer Bitcoin, Ethereum Custody Services To Spain’s BBVA Bank

Ash Tiwari
by Ash Tiwari
13 hours ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In an announcement made earlier today, US-based blockchain company Ripple said that it had inked an agreement with leading Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) to provide the financial institution with Bitcoin (BTC) and Ethereum (ETH) custody services.

Ripple To Provide Bitcoin, Ethereum Custody Services To BBVA

Ripple, the blockchain firm behind the XRP token, today said it had partnered with BBVA to provide its digital asset custody solution to the bank. To recall, in July 2025, BBVA announced the launch of its Bitcoin and ETH trading and custody services for all retail customers in Spain.

Related Reading: Ripple CTO Declares Blockchains Can Solve Problems Outside Of Cryptocurrencies

According to today’s announcement, Ripple will offer Ripple Custody – its institutional-grade digital asset self-custody technology – to BBVA to help it benefit from a scalable and secure custody service for tokenized assets, including digital assets.

Cassie Craddock, Managing Director of Europe at Ripple, said that with the implementation of the European Union’s (EU) Market’s in Crypto-Assets regulation (MiCA) across the continent, it has become easier for the region’s banks to offer digital asset services to their customers.

For the uninitiated, Europe’s MiCA is the EU’s comprehensive legal framework designed to regulate digital assets, stablecoins, and other related service providers across all member states. 

MiCA
Source: European Securities and Markets Authority

Ripple Custody will enable BBVA to meet rapidly increasing customer demand for access to digital assets such as BTC and ETH. At the same time, it will also ensure that the bank fulfills the strict regulatory, security, and operational requirements. Francisco Maroto, Head of Digital Assets at BBVA said:

Ripple’s 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.

It is worth highlighting that the agreement between BBVA and Ripple is just the latest chapter in the relationship between the two entities. Ripple already provides crypto custody solutions to Turkey-based Garanti BBVA and BBVA Switzerland.

Crypto Custody Solutions In Focus

Over the past month, several developments have occurred in the industry pertaining to crypto custody solutions. For instance, recently Ripple joined forces with UAE-based Ctrl Alt to expand its crypto custody services.

Related Reading: Citigroup Executive Confirms Plans To Offer Stablecoin And Crypto ETF Custody

A favorable stance toward digital assets in the US is a key factor encouraging banks to offer crypto custody solutions to their clients. For example, US Bancorp recently resumed its Bitcoin custody services after a hiatus of three years.

In similar news, the “big three” banking regulators in the US – namely the OCC, Federal Reserve, and FDIC – recently jointly issued guidance on how banks should approach the custody of digital assets. At press time, Bitcoin trades at $111,040, down 1.2% in the past 24 hours.

bitcoin
Bitcoin trades at $111,040 on the daily chart | Source: BTCUSDT on TradingView.com
Featured image from Unsplash.com, charts from ESMA and TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Ash Tiwari

Ash Tiwari

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Ash is a seasoned freelance editor and writer with extensive experience in the blockchain and cryptocurrency industry. Over the course of his career, he has contributed to major publications, playing a key role in shaping informative, timely content related to decentralized finance (DeFi), cryptocurrency trends, and blockchain innovation. His ability to break down complex topics has allowed both seasoned professionals and newcomers to the industry to benefit from his work. Beyond these specific roles, Ash's writing expertise spans a wide array of content, including news updates, long-form analysis, and thought leadership pieces. He has helped multiple platforms maintain high editorial standards, ensuring that articles not only inform but also engage readers through clarity and in-depth research. His work reflects a deep understanding of the rapidly evolving blockchain ecosystem, making him a valuable contributor in a field where staying current is essential. In addition to his writing work, Ash has developed a strong skill set in managing content teams. He has led diverse groups of writers and researchers, overseeing the editorial process from topic selection, approval, editing, to final publication. His leadership ensured that content production was timely, accurate, and aligned with the strategic goals of the platforms he worked with. This has not only strengthened his expertise in content strategy but also honed his project management and team coordination skills. Ash's ability to combine technical expertise with editorial oversight is further bolstered by his knowledge of blockchain analysis tools such as Etherscan, Dune Analytics, and Santiment. These tools have provided him with the data necessary to create well-researched, insightful articles that offer deeper market perspectives. Whether it’s tracking the movement of digital assets or analyzing blockchain transactions, his analytical approach adds value to the content he produces, ensuring readers receive accurate and actionable information. In the realm of content creation, Ash is not limited to just cryptocurrency markets. He has demonstrated versatility in covering other emerging technologies, market trends, and digital transformation across various industries. His in-depth research, coupled with a sharp editorial eye, has made him a sought-after professional in the freelance writing community. From developing editorial calendars to managing content delivery schedules, he has honed a meticulous approach to project management that ensures timely, high-quality work delivery. Throughout his freelance career, Ash has consistently focused on improving audience engagement through well-researched, insightful, and relevant content. His ability to adapt to the evolving needs of clients, whether it's enhancing the visibility of digital platforms or producing thought-provoking pieces for a wide range of audiences, sets him apart as a dynamic force in the field of digital content creation. His contributions have helped to shape a well-rounded portfolio that showcases his versatility, technical expertise, and dedication to elevating the standards of journalism in blockchain and related sectors.

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