The deal makes Kbank the first internet-only bank in South Korea to adopt Ripple Custody (digital asset storage platform) for institutional digital asset wallet infrastructure.
Ripple said it has partnered with Kbank to provide institutional digital asset wallet infrastructure through Ripple Custody (digital asset storage platform). According to the announcement, Kbank becomes the first internet-only bank in South Korea to adopt the company’s custody offering. The move expands Ripple’s presence in South Korea and highlights how crypto custody services are being used to support institutional participation in digital asset markets.