Ripple Secures Major Korean Securities Partnership

Blockchain payments firm Ripple has announced its latest big partner in the South Korean financial industry, namely South Korean financial firm Meritz Securities, as the firm ramps up institutional adoption in one of the largest crypto markets in Asia. This is the first time Ripple is partnering with a Korean securities firm. With this latest partnership, Ripple now has four institutions it has partnered with in the country this year. Through the partnership, Meritz Securities will be exploring the potential uses of Ripple's custody solution and tokenization platform for digital asset services integrated with its existing securities businesses.