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Ripple Partners with BDACS to Expand Institutional Crypto Custody in South Korea
Feb 27, 2025
< 1 min read
by Peter Mwangi
for CoinEdition
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- Ripple partners with BDACS to enhance South Korea’s digital asset custody infrastructure.
- Ripple Custody will provide secure, institutional-grade services for XRP and RLUSD.
- South Korea’s evolving regulations boost demand for specialized digital asset custody solutions.
Ripple President, Monica Long, used X to point out how important institutional adoption of digital assets is in South Korea. To that end, she announced Ripple’s new partnership with BDACS, a major digital asset custody firm in the region. The goal is to build up custody infrastructure for XRP, RLUSD, and other cryptocurrencies.
Ripple Custody Eyes Growing Korean Institutional Market
Long shared her enthusiasm for Ripple Custody’s potential role in South Korea’s changing regulatory scene and the increasing interest in crypto service…
The post Ripple Partners with BDACS to Expand Institutional Crypto Custody in South Korea appeared first on Coin Edition.
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