South Korean custodian BDACS launches institutional XRP custody via Ripple Custody, integrating with major local exchanges to offer regulated and secure digital asset management.
BDACS, a regulated crypto custodian, has launched institutional custody support for XRP using Ripple Custody following its February partnership with Ripple. The service, announced on BDACS’s X account, integrates with leading Korean exchanges such as Upbit, Coinone, and Korbit, providing regulated access for institutional clients. The development underscores ongoing market interest in XRP and aligns with broader trends toward secure institutional digital asset management in South Korea.