XRP News Today: Ripple and BDACS Launch XRP Custody for Korean Institutions

Ripple has made significant progress in expanding institutional access to XRP in South Korea through its partnership with BDACS, a licensed crypto custodian. As of August 5, 2025, XRP custody services have officially gone live, offering regulated institutions in the country a compliant pathway to hold and manage the asset [1]. The launch marks the first tangible outcome of Ripple’s February 2025 partnership with BDACS and represents a major milestone in the token’s adoption within a regulated digital asset ecosystem [2].

The move is expected to enhance XRP’s visibility and utility in South Korea, a market known for its robust institutional interest in cryptocurrencies. BDACS, which specializes in serving institutional clients, has positioned itself as a key player in enabling secure and regulatory-compliant custody solutions. The availability of XRP custody is seen as a strategic step by Ripple to strengthen its presence in Asia, particularly in a jurisdiction where regulatory clarity and institutional infrastructure are well-developed [3].

With XRP now accessible via a regulated custodial service, institutional investors and exchanges in South Korea can engage with the asset with greater confidence. This development aligns with Ripple’s broader strategy to integrate XRP into traditional financial systems and expand its utility beyond payments and remittances [4]. Analysts suggest that the rollout could lead to increased institutional investment and broader adoption of XRP in the region, particularly as demand for digital assets continues to grow [5].

The partnership has also been highlighted as a demonstration of Ripple’s commitment to building long-term, compliant infrastructure for XRP. BDACS confirmed that the custody service includes robust security protocols and is designed to meet the requirements of South Korea’s stringent regulatory environment [6]. This approach is consistent with Ripple’s efforts to work closely with regulators and custodians to ensure that XRP remains a viable and trusted asset for institutional players [7].

The launch of XRP custody in South Korea adds to a series of recent developments that have reinforced XRP’s position in the global digital asset market. By partnering with a local custodian, Ripple has not only expanded access but also demonstrated a clear commitment to supporting institutional adoption in one of the world’s most active crypto markets [8].

Source:

[1] Ripple and XRP News: BDACS Launches XRP Custody for ...

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] Ripple's Partnership With BDACS Pays Off as XRP Support ...

https://www.cryptopolitan.com/ripples-xrp-custody-support-goes-live/

[3] XRP custody goes live for Korean institutions via BDACS ...

https://finance.yahoo.com/news/ripple-partnership-bdacs-pays-off-005221942.html

[4] Major XRP Adoption News From South Korea

https://www.tradingview.com/news/cointelegraph:2149****9094b:0-xrp-custody-goes-live-for-korean-institutions-via-bdacs-amid-strong-interest/

[5] BDACS Launches XRP Custody Services for Korean ...

https://cryptopotato.com/major-xrp-adoption-news-from-south-korea/

[6] BDACS Launches XRP Custody Services for Korean Institutions ...

https://www.ainvest.com/news/xrp-news-today-bdacs-launches-xrp-custody-services-korean-institutions-boosting-ripple-market-presence-2508/

[7] XRP Ramps up in Korea as BDACS Taps Into Top ...

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

[8] XRP Officially Goes Live on BDACS: Ripple Unlocks ...

https://www.xt.com/en/blog/post/xrp-officially-goes-live-on-bdacs-ripple-unlocks-explosive-institutional-growth-in-korea