BNY Mellon stock expands Ripple custody into XRP and RLUSD

Ripple has expanded its collaboration with BNY Mellon to add XRP and RLUSD to the bank's Digital Asset Custody platform, according to a Simply Wall St report published Tuesday, November 10, 2026. The expanded relationship is aimed at eligible institutional clients and adds to BNY's existing digital-asset infrastructure.

Custody Expansion Adds New Workstreams

The report says the collaboration also sets up work on tokenized trade finance and on the minting and redemption of RLUSD. Those initiatives extend the relationship beyond safekeeping digital assets and place it alongside payment, settlement and collateral workflows used by institutional clients.

For BNY, the strategic question is whether digital-asset services can deepen its established custody and servicing franchise. Supporting additional tokens may widen the addressable market, while tokenized trade finance could connect digital assets with traditional securities operations. The financial contribution of these projects will depend on client adoption and the conversion of infrastructure into recurring servicing activity.

Traditional Infrastructure Remains Relevant

Simply Wall St also pointed to BNY's connection with Tradeweb Markets through the LiquidityDirect platform and its role as agent bank on multiple floating-rate notes. That combination highlights an investment narrative built around embedding BNY's infrastructure in client workflows across both digital and traditional markets.

BNY Mellon stock traded at 135.50 euros on Lang & Schwarz at 13:06 CET on Tuesday, November 10, 2026.

The broader Euro Stoxx 50 market provides the wider European backdrop for investors tracking financial and digital-asset themes.

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