XRP News Today: BDACS Launches XRP Custody Services for Korean Institutions Boosting Ripple's Market Presence

BDACS, a leading cryptocurrency infrastructure provider in South Korea, has officially launched XRP custody services tailored for institutional clients, strengthening Ripple’s presence in the region’s regulated digital asset market [1]. The service allows institutional investors and exchanges to securely store and manage XRP, one of the most actively traded digital assets, under a fully compliant framework [1]. This initiative is the result of a strategic collaboration between Ripple and BDACS, first announced in February 2025, to expand institutional access to digital assets in South Korea [2].

The new XRP custody offering is integrated with the country’s top exchanges, including Upbit, Coinone, and Korbit, enabling clients to deploy XRP across regulated trading platforms [1]. This move aligns with South Korea’s broader roadmap for institutional crypto infrastructure, which emphasizes both innovation and investor protection [2]. Ripple has stated that the partnership supports its mission to foster institutional adoption of XRP in a secure and compliant manner [2].

For institutional investors, the launch of XRP custody services provides greater confidence in managing digital assets, as the offering ensures regulatory compliance and enhances security. The infrastructure also facilitates seamless access to major trading venues, which could drive further institutional interest in XRP [1]. Analysts suggest that the development signals a strategic advantage for Ripple in South Korea, one of the most influential digital asset markets in the world [2]. With increased custody options, institutional demand for XRP is expected to rise, potentially boosting the asset’s liquidity and market depth in the region [3].

The timing of the launch is significant, as South Korean regulators continue to refine the legal and operational framework for digital assets. The government has shown a growing openness to blockchain innovation while maintaining strict investor protection standards. Ripple’s presence in this environment positions it to benefit from the ongoing maturation of the institutional crypto market [2]. The company has also partnered with BDACS to offer custody for its stablecoin, RLUSD, further expanding its suite of institutional-grade solutions [2].

As the crypto industry evolves, institutional-grade custody services have become a critical component of digital asset management. The BDACS-Ripple partnership reflects a broader trend in the sector toward professionalism, security, and regulatory alignment. With XRP custody services now available in South Korea, Ripple continues to reinforce its market position in a competitive landscape where trust and compliance are key differentiators [3].

Source:

[1] https://coincentral.com/bdacs-rolls-out-xrp-custody-support-for-korean-institutions-and-exchanges/

[2] https://www.bitrue.com/blog/xrp-explodes-in-korea-after-bdacs-deal

[3] https://www.tronweekly.com/xrp-officially-goes-live-on-bdacs-ripple-unlock/