Ripple collaborates with South Korea's BDACS to launch agency-level hosting services for XRP and RLUSD
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According to Golden Finance, Ripple announced a strategic partnership with South Korean digital asset company BDACS to provide institutional-level custodial services for XRP and RLUSD. Ripple announced the partnership today, noting that it complies with the South Korean Financial Services Commission (FSC) regulatory approval roadmap. The roadmap is designed to support institutions in participating in South Korea's digital asset market.
Under the partnership, BDACS will leverage Ripple Custody to provide custodial solutions for its supported digital assets, including XRP and RLUSD.