Ripple has announced a new partnership with South Korean digital asset custody firm BDACS to strengthen the custody infrastructure for cryptocurrencies like XRP and RLUSD in the region. The collaboration aligns with South Korea's regulatory roadmap to encourage institutional involvement in the digital asset market. By integrating Ripple Custody into BDACS's system, the partnership aims to provide secure custody services for institutions in compliance with regulatory standards. This move is seen as significant in light of the growing demand for secure custody solutions in South Korea and the anticipated increase in the number of crypto assets under custody globally.



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