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Ripple partners with Meritz Securities to bring tokenization and custody to South Korea's capital markets.

Market News
14 Oct 2026
Blockonomi
View Source
Bullish
Ripple partners with Meritz Securities to bring tokenization and custody to South Korea's capital markets.

Ripple has formed its first partnership with a South Korean securities firm, Meritz Securities, to introduce Ripple Custody and tokenization tools into South Korea's capital markets. This collaboration aims to move Meritz's securities business on-chain while complying with local regulations and potentially expanding into spot ETFs, security tokens, and stablecoins tied to the Korean won. This deal marks Ripple's fourth Korean institutional partnership in 2026, following agreements with Kyobo Life Insurance, Kbank, and Jeonbuk Bank. The partnership highlights growing institutional interest in digital assets in Korea and Ripple's expanding footprint in the region's financial sector.

XRP (Ripple) trades at Rp24.471 on Pluang as of Oct 14, 2026 16:41 WIB, showing a slight 0.06% increase in one day. The token's market cap stands at Rp1.543,16 trillion with a 24-hour volume of Rp37,21 trillion. Buy orders dominate at 61%, reflecting steady investor interest amid Ripple's expanding partnerships in South Korea.

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