Ripple (CRYPTO: XRP) on Tuesday announced its intention to acquire digital assets firm Standard Custody & Trust Company, to expand its product offerings. The completion of the acquisition is contingent upon receiving regulatory approval and satisfying standard closing conditions. TD Cowen acted as the exclusive financial advisor to PolySign in the transaction. In a press release, Ripple stated Ripple and its subsidiaries collectively hold a New York BitLicense, about 40 money transmitter licenses across the U.S., a Major Payment Institution License from the Monetary Authority of Singapore, and…

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