Ripple has just scored one of its most significant wins in the financial sector. Ripple Van Winkle revealed on X that BBVA, a top-20 global bank, is now deploying Ripple Custody for retail customers in Spain. This is not a pilot or test phase but a full commercial rollout.
Ripple confirmed the agreement in its September 9, 2025 post, highlighting that BBVA will rely on Ripple Custody to power its live crypto trading and custody service for Spanish retail clients.
Custody: The Bedrock of Tokenization
Before banks can move trillions of dollars’ worth of assets on-chain, they need one essential component—secure custody. Ripple Custody delivers the institutional-grade framework required to protect digital assets, from robust key management to compliance readiness, insurance, and auditability.
Ripple Custody 🤝 @BBVA 🇪🇸
We're expanding our partnership with @BBVA, bringing our institutional-grade digital asset custody technology to Spain: https://t.co/28Mkejn1AH
BBVA is responding to growing customer demand for crypto assets, with Ripple providing a secure and…
— Ripple (@Ripple) September 9, 2025
For BBVA, adopting Ripple Custody ensures that its retail crypto offerings meet regulatory and operational standards while scaling securely. Analysts widely agree that custody is the foundation of tokenization, enabling banks to evolve from experimental pilots to fully fledged financial products.
Ripple Expands Beyond Payments Infrastructure
The BBVA deal signals a strategic evolution for Ripple. While widely known for its cross-border payments solutions, Ripple is increasingly positioning itself as a multi-product infrastructure provider for global banks.
🚨Ripple just landed BBVA — a top 20 global bank.
Not a pilot. Not “testing.”
They’re DEPLOYING Ripple Custody for retail customers in Spain. 🇪🇸This is how trillion-dollar tokenization starts.
Ripple builds the rails. $XRP is the bridge. 🌉Are you ready for what comes next?… pic.twitter.com/DG6YG72d0F
— Ripple Van Winkle | Crypto Researcher 🚀🚨 (@RipBullWinkle) September 9, 2025
The company already supports custody operations for Garanti BBVA in Turkey and BBVA Switzerland, which shortens the path for deployment in Spain. By embedding Ripple Custody into BBVA’s retail banking services, Ripple strengthens its role as a trusted enterprise supplier, moving far beyond its origins in payments technology.
What It Means for XRP Holders
Although the BBVA announcement highlights custody for bitcoin, ether, and tokenized assets, it does not directly involve XRP in settlement or liquidity services. However, the significance for XRP investors lies in validation.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
If a top-20 global bank trusts Ripple to handle the technical backbone of its retail crypto services, the credibility of Ripple’s broader ecosystem—including the XRP Ledger—receives a substantial boost.
As Ripple Van Winkle observed, “Ripple builds the rails, and XRP is the bridge.” This partnership reinforces the potential for XRP to serve as a settlement layer when banks expand tokenized finance in the future.
A Glimpse Into Finance’s Tokenized Future
BBVA’s Spanish launch follows its July 4, 2025, rollout of retail bitcoin and ether services under the EU’s MiCA regulatory framework. By integrating Ripple Custody, BBVA adds both security and compliance strength to its offering, underscoring how Europe’s regulatory clarity is driving the shift from crypto trials to mainstream adoption.
If other global banks replicate this model, tokenization and on-chain settlement could scale rapidly across financial markets. While XRP’s role will depend on specific integrations and regulatory green lights, Ripple’s footprint in global banking is now indisputable.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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