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Ripple partners with Meritz Securities, expanding crypto services in South Korea's securities market.

Market News
14 Oct 2026
Coinpaper
View Source
Bullish
Ripple partners with Meritz Securities, expanding crypto services in South Korea's securities market.

Ripple has signed a strategic partnership with South Korea's Meritz Securities, marking its fourth institutional deal in the country and its first with a securities firm. The partnership aims to integrate Ripple Custody and tokenization infrastructure into Meritz's operations, focusing initially on compliance with existing securities regulations. This deal expands Ripple's footprint beyond banking and insurance into capital markets, complementing previous partnerships with Kyobo Life Insurance, Kbank, and Jeonbuk Bank. Meritz is also exploring other digital asset opportunities like crypto ETFs and security tokens, signaling potential future product launches as regulatory frameworks evolve.

XRP, the digital asset linked to Ripple, is trading at Rp24.588 on Pluang with a 1-day gain of 0.79%. The market cap stands at Rp1.546,84 trillion, and trading volume is Rp37,08 trillion. As of Oct 14, 2026, 18:45 WIB, buyers make up 61% of the order activity, with a typical hold time of 72 days on the platform.

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