Meritz Securities has signed a strategic partnership with Ripple to explore the use of Ripple Custody and tokenization tools in South Korea's capital markets. The deal, announced on October 7, aims to study digital asset custody, spot crypto ETFs, tokenized securities, and stablecoins within current regulations. No specific products or launch dates have been set, and the involvement of Ripple's XRP token remains unconfirmed. This partnership marks a step toward integrating blockchain technology into South Korea's financial infrastructure as regulatory frameworks evolve.
XRP, associated with Ripple, trades at Rp25.976 on Pluang as of Oct 07, 2026 16:53 WIB, showing a 3.26% decline over the past day. The token holds a market cap of Rp1.653,84 trillion with a 24-hour trading volume of Rp49,53 trillion. This trading activity occurs as Ripple deepens its presence in South Korea through a new partnership with Meritz Securities to explore blockchain applications in the country's capital markets.
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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...
