Crypto enthusiast King Karan (@KingKaranCrypto) has brought attention to Ripple’s new trademark filing for “Ripple Custody,” which suggests the company may be working on a cryptocurrency storage solution. The application, filed under the category of downloadable software, has led to speculation about whether Ripple is preparing to launch a wallet or custody service. Ripple just filed for a new trademark for a downloadable software that will let people store their cryptocurrencies.. IS RIPPLE GOING TO CREATE A WALLET APP? pic.twitter.com/MC4bs1g5BY — 𝕂𝕚𝕟𝕘 𝕂𝕒𝕣𝕒𝕟 (@KingKaranCrypto) March 16, 2025 The Potential for a Ripple Wallet Many in the crypto community believe this move indicates that Ripple is working on a dedicated custody solution. The company has been advertising its custody solutions recently, and bringing this solution to a wallet for everyone could be a game changer. One commenter pointed out that Ripple previously created and supported an XRP wallet, but for reasons unclear, the company decided to move away from it. Another commenter mentioned that Ripple’s current efforts could go beyond cryptocurrencies, suggesting that the company might be positioning itself to handle real-world assets (RWAs). The calls for RWA tokenization have been rising for years, and Ripple and the XRP Ledger (XRPL) play a major role in this movement. Reactions from XRP supporters to this move have been overwhelmingly positive. One user compared Ripple to Michael Jordan in the 1980s, calling the company unstoppable. Another emphasized the significance of the move, calling it “great news for crypto enthusiasts.” He noted that a custody service backed by Ripple could increase adoption, improve accessibility, and give users greater control over their digital assets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP’s Strengths and Market Position A custody service from Ripple could strengthen XRP’s role in the market. It has long been recognized for its speed and efficiency in cross-border transactions, with transaction finality occurring in seconds and fees remaining minimal. These attributes have made XRP a popular choice for institutions, and a Ripple-backed custody service could further enhance its appeal. Additionally, Ripple’s experience with regulatory compliance may provide an advantage over competitors. The company successfully launched the stablecoin RLUSD, working with regulators to ensure absolute compliance. The company could apply strict compliance to this custody solution to build even more trust with regulators and users. Potential Timeline for Ripple’s New Product Attorney Jeremy Hogan weighed in on the filing, explaining its legal implications. He stated that once the trademark office grants an Allowance of Use, Ripple will have six months to advertise and launch the service. “You’ll know what it’s all about before the end of the summer probably,” he noted. Ripple’s trademark filing aligns with its broader strategy of expanding its role in the financial sector. This timeline means an official announcement or product reveal could happen within the next few months. 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. Follow us on X , Facebook , Telegram , and Google News The post Is Ripple Going To Create a Wallet App? Ripple Just Filed For New Trademark appeared first on Times Tabloid .
