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Ripple partners with Kbank to provide custody infrastructure for digital assets in Korea's banking sector

Protocol Fundamentals
30 Apr 2026
Bitcoin
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Bullish
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Ripple has partnered with Kbank, Korea's first internet-only bank, to provide managed custody infrastructure for institutional digital asset wallets. This collaboration allows Kbank to expand its digital asset wallet services using Ripple Custody's wallet-as-a-service platform, which supports multi-party computation technology across multiple blockchain networks. The partnership aims to enhance Kbank's capabilities in custody, asset control, and cross-border payments, including stablecoin-based remittances, without the bank needing to develop its own custody system. This move positions Kbank to lead in Korea's regulated digital finance market and supports Ripple's broader strategy in institutional digital asset infrastructure.

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