09.09.2025 08:55

Here's a rewritten version of the news article, incorporating the key details and using varied sentence structures and enriched language, attributing the source to "internet sources":

Ripple, the well-known enterprise blockchain firm, has broadened its collaborative efforts with Banco Bilbao Vizcaya Argentaria (BBVA), a major Spanish banking institution. According to internet sources, this expansion will involve Ripple providing custodial services for the banking giant.

The reinforced alliance between Ripple and BBVA is designed to enable the latter to address the growing demand for digital assets with assurance. This was highlighted in a recent announcement detailing the extended partnership.

Cassie Craddock, Ripple's managing director, spoke highly of BBVA, acknowledging the bank's position as a leading innovator within the European banking sector. Her remarks underscore the significance of the ongoing collaboration.

Having established their initial partnership in April 2017, the banking institution, with its roots dating back to 1857, first integrated Ripple's technology to facilitate its inaugural real-time international money transfer between Mexico and Spain.

Furthermore, in 2021, BBVA's Swiss branch began leveraging Metaco's Harmonize platform, a Ripple-owned asset, for cryptocurrency custody solutions. This demonstrates the evolving nature of their technological adoption.

Expanding its reach, last year the Turkish subsidiary of BBVA joined forces with both Ripple and the technology giant IBM. The objective of this collaboration was to bolster digital asset security, showcasing a multi-faceted approach to innovation.