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Meritz Securities partners with Ripple to explore digital asset custody and tokenization in South Korea.

Market News
07 Oct 2026
Tokenpost
View Source
Bullish
Meritz Securities partners with Ripple to explore digital asset custody and tokenization in South Korea.

Meritz Securities has signed a partnership agreement with Ripple to explore the use of Ripple Custody and tokenization infrastructure within South Korea's capital markets. This collaboration aims to evaluate potential applications under the country's current securities and digital asset regulations. The partnership is exploratory, with no confirmed product launches or launch dates, and will evolve alongside South Korea's regulatory framework. Notably, XRP recently surpassed Bitcoin in 24-hour trading value on the Upbit exchange, highlighting growing interest in digital assets in the region.

XRP (Ripple) trades at Rp26.141 on Pluang as of Oct 07, 2026, 16:02 WIB, down 2.68% in one day. Its market cap stands at Rp1.663,77 trillion with a 24-hour volume of Rp49,26 trillion. Pluang users show 65% sell activity and hold XRP for an average of 71 days, reflecting active trading interest in this asset.

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