XRP News Today: BDACS Expands Digital Asset Offerings with XRP Custody Services in South Korea

BDACS has launched XRP custody services for institutional clients across South Korea, marking a significant expansion of its digital asset offerings. As a regulated institutional-grade custodian, BDACS now enables secure access to XRP, one of the most actively traded digital assets in the country, under full compliance with local regulations [1]. The move aligns with the firm’s deepening collaboration with Ripple and supports Korea’s broader roadmap for institutional crypto infrastructure development.

The launch integrates XRP custody across three of South Korea’s leading cryptocurrency exchanges—Upbit, Coinone, and Korbit—allowing institutional clients to deploy the asset in a trusted and compliant environment [1]. This infrastructure facilitates seamless trading and management of XRP while reinforcing the growing legitimacy of digital assets within the Korean financial sector. BDACS described XRP as “one of the most popular digital assets in Korea” and emphasized that the launch strengthens its partnership with Ripple and its commitment to the local market [1].

The partnership between BDACS and Ripple extends beyond XRP to include the custody of Ripple’s stablecoin, RLUSD. This collaboration was confirmed earlier in 2025 and reflects Ripple’s broader strategy to support institutional adoption of digital assets in South Korea. The Financial Services Commission of South Korea has outlined a regulatory framework to encourage such developments, and the BDACS-Ripple partnership directly aligns with these policy goals [1].

Ripple cited a study predicting that the global crypto custody market would exceed $16 trillion by 2030, indicating the long-term strategic vision behind this collaboration. The firm also highlighted that digital tokens could represent more than 10% of global GDP in the future, reinforcing the potential of XRP and related assets in institutional portfolios [1].

The addition of XRP custody to BDACS’s services is seen as a pivotal step in institutional confidence building within the Korean market. XRP’s utility in global transactions continues to attract both retail and institutional interest, and BDACS’s offering provides a secure and regulated avenue for managing the asset. This development is expected to enhance the participation of institutional investors in the Korean digital asset landscape.

BDACS has positioned itself as a key player in the custody space, leveraging partnerships with global technology firms to offer compliant and scalable solutions for institutional clients. The firm’s recent launch demonstrates a growing trend of institutional players seeking structured and regulated access to digital assets, particularly those with strong use cases and global adoption.

The launch of XRP custody services by BDACS comes at a time when South Korea is actively working to develop a robust institutional crypto ecosystem. The integration with leading exchanges and Ripple’s support signals the increasing acceptance of digital assets within traditional financial frameworks, further solidifying XRP’s position as a strategic asset in the Korean market [1].

Source:

[1] BDACS Launches XRP Custody Services for Institutions Across South Korea, (https://cryptofrontnews.com/bdacs-launches-xrp-custody-services-for-institutions-across-south-korea/)