In a move that is set to bolster South Korea\’s digital asset landscape, BDACS, a leading digital asset institutional custody firm, has announced a strategic partnership with Ripple, a global provider of digital asset infrastructure for financial institutions. This collaboration marks a significant step forward in providing secure and reliable custody services for digital assets such as XRP and RLUSD.
Enhancing Custody Services BDACS will leverage Ripple Custody to offer bank-grade security for exchanges, custodians, and OTC desks. This partnership ensures that institutional investors in South Korea have access to robust infrastructure for managing their digital assets, aligning with the country\’s regulatory framework.