Educational information only. Not financial advice. Crypto is volatile. Verify sources and decide for yourself.

Custody

Plain definition. In finance, custody is the legal right to manage and look after another person’s money and investments, according to the Cambridge Business English Dictionary.

Technical definition. The Cambridge Business English Dictionary marks this sense of custody as a law and finance term and defines it as “the legal right to manage and look after another person’s money, investments, etc.” More broadly, custody means the right or duty to care for someone or something. The dictionary’s usage example says investment advisers with actual custody of clients’ funds pose a higher risk to clients.

On this site

On this site, Custody comes up in What is an XRP ETF, and when were they approved?, Can regulated institutions safely custody XRP?, Which parts of the XRP institutional stack are live today, and which are still waiting?, Which XRP ETFs exist, what do they charge, and how are they regulated? and How much XRP do institutions hold, and how much is actually put to work?.

Source

CUSTODY | definition in the Cambridge English Dictionary (dictionary.cambridge.org), read October 2, 2026.

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