Ripple Expands South Korea Footprint Through Meritz Securities Partnership
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Cryptocurrency News | Cryptocurrency Prices | Market CapRipple expands South Korea footprint through Meritz Securities partnership
Meritz Securities has signed a strategic partnership with Ripple to explore bringing institutional digital asset custody and tokenization infrastructure into South Korea’s capital markets. According to Meritz Securities, the agreement will cover a review of Ripple Custody and the company’s…
(Seoul = Yonhap News) Reporter Kim Yu-ah = Meritz Securities [engaged in] a strategic [contact] with Ripple, a global financial infrastructure company based on blockchain, regarding the introduction of digital assets in Korea ...
Ripple has partnered with South Korean brokerage firm Meritz Securities in the digital asset space. The parties will examine the use of custody and tokenization infrastructure in the country's capital markets. The work will begin within the framework of existing regulations.
Ripple and Meritz Securities agreed to explore custody and tokenization services for the South Korean capital market. The announcement coincided with a day in which XRP recorded more volume than BTC at Upbit, although the data point to intense negotiation during a fall and not a local price premium or a confirmed catalyst.
Ripple Gets a Korean Brokerage Onboard as XRP Beats Bitcoin on Upbit
Ripple’s strategic partnership with Meritz Securities, signed by President Monica Long in Seoul, was announced earlier today. The development landed as XRP overtook bitcoin as the most-traded asset on Upbit. The Signing The agreement was signed at Meritz Securities’ headquarters in Yeouido, Seoul’s financial district, by Meritz Chief Executive Jang Won-jae and Ripple President Monica […]
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