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Crypto Custody Enhanced BDACS Ripple Partnership

BDACS and Ripple Partner to Enhance Crypto Custody in South Korea

  • BDACS is South Korea’s first regulated custodian for institutional digital assets.
  • A strategic alliance with blockchain firm Ripple was announced on February 26, 2025.
  • The partnership aims to expand custody offerings for XRP, RLUSD, and related cryptocurrencies.
  • This collaboration aligns with South Korea’s regulatory framework for institutional digital assets.

On February 26, 2025, BDACS and Ripple formed a strategic alliance to enhance the custody of XRP, RLUSD, and other cryptocurrencies in line with South Korea’s regulatory approach.

Source (2.6)https://news.bitcoin.com/bdacs-partners-with-ripple-to-boost-institutional-crypto-custody-in-south-korea/?rand=52384
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