This move comes as the Spanish bank rolls out a crypto-asset trading and custody service for retail customers in Spain, giving them direct access to blue-chip digital assets such as Bitcoin and Ethereum. The collaboration positions Ripple as a key provider of secure and compliant infrastructure for one of Europe’s most customer-focused banks.
By relying on Ripple’s technology, the Spanish bank can directly deliver an end-to-end custody service, maintaining complete control over client assets while ensuring the highest security and efficiency standards. The deal also deepens the existing collaboration between the digital asset company and the BBVA Group. Ripple already provides custody support for Garanto BBVA in Turkey and BBVA Switzerland, demonstrating that the relationship between the two companies is already well-established and evolving into new regional expansions.
