Ripple and BBVA Launch Crypto Custody in Spain
On September 9, 2025, Ripple and Spanish banking leader BBVA unveiled an institutional-grade crypto custody solution powered by Ripple Custody. The partnership lets BBVA retail customers buy, hold and store Bitcoin and Ethereum under a fully compliant, scalable service. Built on Ripple’s 10-year track record and 60+ global licenses, the crypto custody solution meets stringent security, operational and compliance standards. BBVA’s Head of Digital Assets highlighted that this launch builds on earlier blockchain initiatives in Switzerland and Turkey, while Ripple’s Europe MD noted that the EU’s MiCA regulation provides ideal regulatory clarity for digital asset services. The expansion positions BBVA to meet growing demand for secure crypto custody and underscores Ripple’s role as a trusted infrastructure partner.
Bullish
Institutional-grade crypto custody under a clear EU framework reduces counterparty risk and boosts investor confidence. In the short term, the launch may drive increased demand for Bitcoin and Ethereum as BBVA customers gain easy, secure access to custody services. Over the long term, aligning with MiCA regulation and leveraging Ripple’s proven infrastructure will strengthen market stability, encourage broader adoption of digital assets, and support sustained price growth.