Ripple has formed a strategic partnership with South Korea's Meritz Securities to explore digital asset services including custody and tokenization. This deal coincides with XRP overtaking Bitcoin as the most-traded asset on the Korean exchange Upbit, with XRP reaching $111.4 million in 24-hour volume. The partnership aims to prepare for Korea's evolving regulations that will allow tokenized stocks and bonds starting February 2027. This collaboration positions Ripple and Meritz to develop secure digital asset financial services aligned with Korea's capital market modernization.
While XRP has recently overtaken Bitcoin as the most-traded asset on Korea's Upbit exchange, on Pluang as of Oct 07, 2026 16:02 WIB, XRP trades at Rp26.141 with a 1-day change of -2.68%, compared to Bitcoin's price of Rp1.501.891.778 and a slightly smaller 1-day decline of -2.20%. Despite XRP's lower market cap of Rp1.663,77T versus Bitcoin's Rp30.300,27T, XRP's 24-hour volume on Pluang is Rp49,26T, contrasting with Bitcoin's much higher Rp577,43T, highlighting the difference in trading scale and investor behavior between the two assets.
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...
Bitcoin dominates the U.S. cryptocurrency spot ETF market with $110.68 billion in net assets, representing 6.54% of its market cap. XRP follows as the top altcoin ETF with $1.70 billion in net assets and strong inflows, outperforming Solana despite t...
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Ripple's treasury has minted 30 million new RLUSD stablecoins in a single transaction, adding to recent large issuances that have increased the token's market cap to about $2.53 billion. This minting is part of Ripple's ongoing process of issuing and...
