Ripple collaborates with South Korea's BDACS to launch institutional custody services for XRP and RLUSD
Ripple announces a strategic partnership with South Korean digital asset company BDACS to provide institutional-level custody services for XRP and RLUSD. Ripple announced this partnership today, noting that it aligns with the regulatory approval roadmap of the Financial Services Commission (FSC) of Korea. The roadmap aims to support institutions participating in Korea's digital asset market. Under the partnership, BDACS will use Ripple Custody to provide custody solutions for its supported digital assets, including XRP and RLUSD.
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