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Head-to-head · Cryptocurrency Custody Software

Ripple Custody vs Ledger Enterprise

  • Updated Oct 2026
  • Both researched from official sources
  • 5 checks side by side
Higher score Ripple Custody #2 in Cryptocurrency Custody Software 9.2/10 Pricing on request ✓ 4 of 4 features Contact Ripple
Ledger Enterprise #4 in Cryptocurrency Custody Software 8.9/10 Pricing on request ✓ 3 of 4 features Visit Ledger

Ripple Custody leads on 1 check, Ledger Enterprise on 0, and 4 are even. Who comes out ahead on the 5 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreRipple Custody · 9.2/10
  • Most featuresRipple Custody · 4 of 4

Ripple Custody scores higher on our rubric for cryptocurrency custody software: 9.2 against 8.9 out of 10; our editors rank them #2 and #4.

Ripple Custody offers mpc wallet support; Ledger Enterprise doesn't.

Ripple Custody is the better fit for institutions needing flexible custody infrastructure. Ledger Enterprise is the better fit for enterprises seeking governed HSM-based custody.

  • Ripple Custody fits best

    Institutions needing flexible custody infrastructure

  • Ledger Enterprise fits best

    Enterprises seeking governed HSM-based custody

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

Side by side

Feature Ripple Custody 9.2/10 Visit ↗ Ledger Enterprise 8.9/10 Visit ↗
At a glance
Editor score 9.2 8.9
Ranking #2 in Cryptocurrency Custody Software #4 in Cryptocurrency Custody Software
Best for Institutions needing flexible custody infrastructure Enterprises seeking governed HSM-based custody
Pricing model Paid Paid
Starting price Pricing on request Pricing on request
Free plan Not checked yet —
Free trial — —
Deployment Cloud, Self-hosted Cloud, Self-hosted
Platforms Web Web
Support Docs Tickets, Docs
Compliance SOC 2, ISO 27001 SOC 2
Built for Mid-market, Enterprise Enterprise
Features Ripple Custody 4/4 · Ledger Enterprise 3/4
MPC wallet support ✓ (best) —
HSM key management ✓ ✓
Approval workflows ✓ ✓
Transaction policy engine ✓ ✓
Specs
Settlement controls Advanced Advanced
Supported networks Not checked yet Not checked yet
Our review
Pros
  • Combines MPC-TSS and HSM-backed key management with hot, warm and cold vaults
  • Adds configurable approval workflows, policy-as-code and immutable audit trails
  • Supports self-hosted deployment, multi-custody orchestration and token workflows
  • Hardware-enforced key management, policies, and transaction approvals
  • Cloud or on-premise HSM deployment with API access
  • Extends beyond custody to staking, trading, tokenization, and settlement
Cons
  • Pricing requires contacting Ripple’s team
  • The product is aimed at mid-market and enterprise organizations
  • Support channels listed are documentation
  • No free plan; prospective customers must contact sales
  • Enterprise-focused scope may exceed narrower custody needs
  • Ticket and documentation support channels may not suit teams seeking other options
Our verdict

Ripple Custody provides digital-asset custody infrastructure for banks, fintechs, asset managers and other regulated organizations. Its scope includes cryptocurrency, stablecoin, tokenized-asset and NFT custody, along with transfer,…

Read the review →

Ledger Enterprise supports institutional digital-asset custody and self-custody operations for banks, custodians, exchanges, asset managers, fintechs, and other organizations. It combines software, firmware, and hardware security modules…

Read the review →
  1. Ripple CustodyCryptocurrency Custody Software 9.2Pricing on request
  2. Ledger EnterpriseCryptocurrency Custody Software 8.9Pricing on request

Strengths and trade-offs

  • Ripple Custody — where it wins

    • Combines MPC-TSS and HSM-backed key management with hot, warm and cold vaults
    • Adds configurable approval workflows, policy-as-code and immutable audit trails
    • Supports self-hosted deployment, multi-custody orchestration and token workflows

    Where it doesn't

    • Pricing requires contacting Ripple’s team
    • The product is aimed at mid-market and enterprise organizations
    • Support channels listed are documentation

  • Ledger Enterprise — where it wins

    • Hardware-enforced key management, policies, and transaction approvals
    • Cloud or on-premise HSM deployment with API access
    • Extends beyond custody to staking, trading, tokenization, and settlement

    Where it doesn't

    • No free plan; prospective customers must contact sales
    • Enterprise-focused scope may exceed narrower custody needs
    • Ticket and documentation support channels may not suit teams seeking other options
  • Ripple Custody9.2/10 · Pricing on request

    A flexible custody platform for institutions that need control over keys, policies and deployment.

    Contact RippleFull verdict →
  • Ledger Enterprise8.9/10 · Pricing on request

    A custody platform for enterprises that need hardware-enforced controls and operational breadth.

    Visit LedgerFull verdict →

More comparisons

All cryptocurrency custody software comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update