What changed
ABSA Bank confirmed the Company's Chairman's participation as its first pilot client in its digital-asset custody onboarding process, per correspondence stating the participation helps test operational, governance, risk and compliance requirements for tokenised assets. The Company has deployed its SVLT tokenisation infrastructure and is pursuing an intended uplist to a regulated exchange alongside an ongoing IFRS audit programme. Ripple announced its partnership with ABSA in October 2025 to provide institutional digital-asset custody technology in South Africa.
Why it matters
ABSA Bank confirmed the Company's Chairman's participation as its first pilot client in its digital-asset custody onboarding process, per correspondence stating the participation helps test operationa