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Garanti BBVA Partners with Ripple and IBM for Digital Asset Security

Turkey's Garanti BBVA has announced a partnership with Ripple and IBM to enhance its digital asset platform, Garanti BBVA Kripto. The collaboration aims to improve performance, security, and customer trust for its trading platform, which serves over 14,000 users. The partnership follows successful testing in 2023 and will allow the bank to securely handle key management through Ripple Custody and IBM solutions. This partnership is expected to establish a stable ecosystem for the management of digital assets and demonstrates Garanti BBVA's commitment to developing Turkey's crypto asset industry.

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