Ripple and SettleMint Launch Tokenized Asset Platform in Asia Pacific

Ripple Labs and digital asset infrastructure company SettleMint have announced a strategic partnership to offer regulated financial institutions a unified system for custody, issuance, and management of tokenized assets. The collaboration, which integrates Ripple Custody with SettleMint's Digital Asset Lifecycle Platform (DALP), launched in the Asia Pacific region on September 1, 2026, with plans to expand to other markets as institutional demand develops. The partnership aims to address a key operational hurdle for traditional finance by combining custody, compliance, settlement, and servicing into a single workflow. This integrated approach is designed to help banks, asset managers, market infrastructure operators, and sovereign entities move from pilot projects to live tokenization programs without relying on multiple separate vendors. The solution covers the full lifecycle of a digital asset, from initial issuance and secure custody to post-launch management, including governance, investor eligibility, and corporate actions. "Financial institutions across Asia Pacific are putting digital assets to work.