Ripple Custody, a subsidiary of Ripple that focuses on client asset custody, has announced support for XRP Ledger tokenization features. According to cryptocurrency lawyer Bill Morgan, these features will also involve XRP tokens, thus increasing the adoption of digital assets. Ripple Custody confirmed in a press statement that businesses will be able to tokenize and manage a number of assets, including RWA, cryptocurrencies and fiat currencies, while also "facilitating the issuance of digital assets and secure transfers directly from their platform".