Ripple Expands Global Reach with DZ Bank Partnership and Legal Progress
San Francisco, CA – June 10, 2025 – Ripple Labs, the blockchain company behind the XRP cryptocurrency, is accelerating its global expansion with a landmark partnership in Germany and notable developments in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).
Germany’s DZ Bank, the country’s second-largest bank with over €350 billion in assets under custody, has officially launched a Ripple-powered digital asset custody platform. This marks the first full-scale institutional rollout of Ripple’s custody technology in the European banking sector, positioning DZ Bank as a pioneer in integrating blockchain solutions into traditional finance. The partnership leverages Germany’s Electronic Securities Act (eWpG), which allows for the issuance of electronic securities without physical certificates, enabling DZ Bank to manage tokenized bonds, crypto securities, and other digital assets through Ripple’s infrastructure.
Industry analysts describe this move as “CBDC infrastructure, disguised as custody,” highlighting Ripple’s growing role in the tokenization of real-world assets and the potential development of central bank digital currencies (CBDCs) in Europe. The integration goes beyond pilot programs, representing a full production deployment with live client assets and setting a precedent for other major European banks to follow. Ripple’s strategy focuses on embedding its technology within existing financial institutions, quietly building the backbone for digital asset management and settlement.
Meanwhile, Ripple’s legal standoff with the SEC, which began in December 2020, remains a focal point for the industry. The SEC alleges that Ripple conducted $1.3 billion in unregistered securities sales through XRP. Recent court filings indicate progress toward a potential settlement, with a key status report due from the SEC by June 16. The outcome is expected to have significant implications for XRP’s market position, with analysts predicting a price surge if regulatory clarity is achieved.
XRP is currently trading at $2.30, with a 24-hour trading volume of $2.85 billion, reflecting robust market activity. Ripple’s decision to retain 25% of the total 100 billion XRP supply has been interpreted as a sign of confidence in the cryptocurrency’s long-term sustainability. The inclusion of XRP in the Nasdaq Crypto US Settlement Price Index is also expected to attract institutional investors and drive further demand.
As Ripple navigates regulatory challenges and deepens its integration into global banking infrastructure, the cryptocurrency market is closely watching for further developments, including potential ETF approvals and broader adoption of blockchain-based financial solutions.