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RippleNew customer

Absa CIB launches Ripple-powered crypto custody in South Africa

What happened

Ripple's custody technology was selected by Absa Corporate and Investment Banking to power its new institutional crypto custody platform, Absa Digital Asset Custody.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Absa Corporate and Investment Banking went live on September 21 with a Ripple-powered institutional crypto custody product, the first bank-grade offering of its kind in Africa. The platform, called Absa Digital Asset Custody, now has a live product page at cib.absa.africa. The new custody platform follows the partnership between Absa and Ripple announced in October 2025. Absa Digital Asset Custody provides institutional clients with private-key management, transaction and approval controls, audit trails, and governance and compliance processes. The service is focused on custody rather than trading. Absa is effectively providing institutional clients with a banking-based environment for safeguarding and managing digital assets. Ripple supplies the underlying custody technology and blockchain broadcast capabilities, while Absa provides the banking infrastructure and institutional client relationship. Reece Merrick, Ripple's Managing Director for the Middle East and Africa, described the launch as a major milestone for bank-grade digital asset infrastructure on the continent. The Absa launch adds another piece to Ripple's broader push into institutional digital asset infrastructure. Ripple has been expanding across custody, payments, stablecoins and tokenization. Its custody technology is designed to give financial institutions controls around private keys, digital assets and...

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Extracted by Autobound

From the Signal API record
Event
New customer

What this signalsA new customer often means more work to staff, deliver and support.

Product
custody technology
Location
South Africa

Companies

  • Absa Corporate and Investment BankingClientabsa.africa

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The full record

From the Signal API record

Topics and mentions

Product tags

  • online technology
  • general technology
  • security
  • future tech

Extraction

Confidence
85%
Detected
Sep 21, 2026
signal_type
news
signal_subtype
signs_new_client

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/9af91e42-5503-3dad-56ee-46d8af73ada7 returns this record as JSON. POST /v1/companies/enrich returns every signal for ripple.com.

{
  "signal_id": "9af91e42-5503-3dad-56ee-46d8af73ada7",
  "signal_type": "news",
  "signal_subtype": "signs_new_client",
  "detected_at": "2026-09-21T12:02:47+00:00",
  "company": {
    "name": "Ripple",
    "domain": "ripple.com"
  },
  "data": {
    "url": "https://www.altcoinbuzz.io/absa-goes-live-with-ripple-powered-crypto-custody-in-south-africa",
    "title": "Absa CIB launches Ripple-powered crypto custody in South Africa - Altcoin Buzz",
    "excerpt": "Absa Corporate and Investment Banking went live on September 21 with a Ripple-powered institutional crypto custody product, the first bank-grade offering of its kind in Africa. The platform, called Absa Digital Asset Custody, now has a live product page at cib.absa.africa. The new custody platform follows the partnership between Absa and Ripple announced in October 2025. Absa Digital Asset Custody provides institutional clients with private-key management, transaction and approval controls, audit trails, and governance and compliance processes. The service is focused on custody rather than trading . Absa is effectively providing institutional clients with a banking-based environment for safeguarding and managing digital assets. Ripple supplies the underlying custody technology and blockchain broadcast capabilities, while Absa provides the banking infrastructure and institutional client relationship. Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, described the launch as a major milestone for bank-grade digital asset infrastructure on the continent. The Absa launch adds another piece to Ripple’s broader push into institutional digital asset infrastructure. Ripple has been expanding across custody, payments, stablecoins and tokenization. Its custody technology is designed to give financial institutions controls around private keys, digital assets and...",
    "product": "custody technology",
    "summary": "Ripple's custody technology was selected by Absa Corporate and Investment Banking to power its new institutional crypto custody platform, Absa Digital Asset Custody.",
    "location": "South Africa",
    "planning": false,
    "image_url": "https://www.altcoinbuzz.io/api/media/file/cover-01M31SYMGKY4RMW5S4XKT7NPVA-01M31WFYQ01738MD7WZF3MG0G0-768x432.jpg",
    "confidence": 0.85,
    "product_data": {
      "name": "custody technology",
      "full_text": "underlying custody technology",
      "fuzzy_match": false
    },
    "product_tags": [
      "online_technology",
      "general_technology",
      "security",
      "future_tech"
    ],
    "published_at": "2026-09-21T12:02:47Z",
    "location_data": [
      {
        "region": "Southern Africa",
        "country": "South Africa",
        "continent": "Africa",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Ripple supplies the underlying custody technology and blockchain broadcast capabilities, while Absa provides the banking infrastructure and institutional client relationship.",
    "related_company_name": "Absa Corporate and Investment Banking",
    "related_company_domain": "absa.africa"
  }
}

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