Ripple partners with BDACS for XRP, RLUSD custody in South Korea
Ripple Labs and South Korean custodian BDACS partner to offer institutional-grade custody for XRP, RLUSD and other crypto assets.
Ripple Labs has signed a strategic partnership with BDACS, a South Korean digital asset custody provider, to support institutional custody for XRP and Ripple USD.
The partnership, announced on Feb. 26, will enable BDACS to integrate Ripple Custody, the company’s institutional crypto and digital asset custody solution, to safeguard XRP (XRP), Ripple USD (RLUSD) and other crypto assets for financial institutions in South Korea.
Source: Ripple
