Ripple cooperates with South Korea's BDACS to launch institutional hosting services for XRP and RLUSD
According to online reports, Ripple announced that it has established a strategic partnership with South Korean digital asset company BDACS to provide institutional-level custody services for XRP and RLUSD. Ripple announced the partnership today and noted that it is in line with the Korea Financial Services Commission (FSC) regulatory approval roadmap. The roadmap aims to support institutional participation in South Korea's digital asset market. Under the partnership, BDACS will leverage Ripple Custody to provide hosting solutions for the digital assets it supports, including XRP and RLUSD.
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