XRP News Today: BDACS Launches XRP Custody for Institutional Clients in South Korea

South Korea’s BDACS, a regulated institutional-grade digital asset custodian, has expanded its service offerings by introducing XRP custody for institutional clients [1]. This development marks a significant step for XRP in South Korea, where crypto adoption is among the most advanced in Asia. The custody service, which aligns with South Korea’s Financial Services Commission (FSC) regulatory standards, provides a secure and compliant infrastructure for managing XRP holdings [2]. BDACS, or Busan Digital Asset Custody Services, is now offering XRP custody across major local exchanges including Upbit, Coinone, and Korbit, further enhancing institutional access to the asset [3].

The inclusion of XRP in BDACS’s custody portfolio is a strategic move that reflects the growing institutional demand for the asset [4]. XRP, long associated with cross-border payment solutions, now benefits from enhanced legitimacy in institutional markets. This is particularly notable as Ripple continues to strengthen its legal position in the U.S. against the SEC, a development that has bolstered confidence in the token’s regulatory prospects. The timing of the custody launch coincides with XRP trading near $2.96, with analysts suggesting that increased institutional interest could support further price stability and growth [5].

Beyond XRP, the partnership between Ripple and BDACS also includes support for RLUSD, a newly launched USD-pegged stablecoin by Ripple [6]. This integration highlights Ripple’s broader strategy to expand its product suite and meet the growing demand for stable assets in institutional portfolios. By leveraging Ripple’s custody infrastructure, BDACS is enabling South Korean institutions to securely manage XRP and RLUSD, reducing counterparty risk and increasing transparency [7].

The launch of XRP custody in South Korea underscores a broader trend of institutional confidence in digital assets that meet regulatory standards. As one of the world’s most active crypto markets, South Korea’s regulatory clarity and market maturity provide a fertile environment for such innovations. The collaboration between Ripple and BDACS is expected to catalyze further adoption of XRP in institutional settings, particularly in the fields of remittances, asset management, and cross-border transactions [8].

This development also signals a maturing digital asset market in the region, where institutional-grade infrastructure is becoming more accessible. By offering XRP custody, BDACS is reinforcing the asset’s role in the institutional financial ecosystem and paving the way for more sophisticated use cases. The move is consistent with global trends where institutions increasingly seek digital assets that combine utility, security, and regulatory compliance [9].

Source:

[1] title1.............................(https://www.coindesk.com/business/2025/08/06/ripple-s-partnership-with-bdacs-pays-off-as-xrp-support-goes-live-at-korean-crypto-custodian)

[2] title2.............................(https://www.ainvest.com/news/xrp-news-today-xrp-expands-institutional-access-south-korea-bdacs-partnership-2508/)

[3] title3.............................(https://www.cryptotimes.io/2025/08/06/ripple-and-bdacs-launch-xrp-custody-in-south-korea/)

[4] title4.............................(https://www.banklesstimes.com/articles/2025/08/05/ripple-partners-with-bdacs-to-expand-institutional-crypto-custody-in-south-korea/)

[5] title5.............................(https://blockonomi.com/bdacs-brings-xrp-custody-to-korea-as-price-faces-critical-test/)

[7] title7.............................(https://www.ainvest.com/news/ripple-strategic-expansion-south-korea-catalyst-xrp-institutional-adoption-long-term-appreciation-2508/)

[8] title8.............................(https://pintu.co.id/en/news/188656-bdacs-in-south-korea-officially-provides-ripple-xrp-custody-services-what-are-the-details)