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John Deaton Explains Why Ripple Is Expanding Its Custody Infrastructure

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Summary
Nutrition label

73% Informative

Ripple Labs is pitching its addition of custodial offerings to its range of payment services.

Lawyer John Deaton says Ripple is wading into custodial services with a raft of acquisitions.

Deaton notes that the aggressive push toward custody services is an attempt to “make up for lost time” following its long-running SEC case.

The end game will see the XRP Ledger evolve to be the hub for tokenized assets, says Deaton .

VR Score

59

Informative language

50

Neutral language

71

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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