Ripple, a payments-focused blockchain company associated with the XRP Ledger network, is expanding its digital asset services in Brazil while preparing to apply for a Virtual Asset Service Provider (VASP) license with the country's central bank. This move aligns with the nation's new crypto framework and aligns Ripple with Brazil's advanced financial ecosystems. The company is also promoting its custody product in the country, aimed at institutions that need secure storage tied to trading and tokenization.