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Ripple targets trillion-dollar securities markets with new US brokerage and South Korean deals

Picture: CryptoSlate

Ripple announced partnerships with DriveWealth and Meritz Securities to extend its services across global brokerage and securities markets. The two agreements, announced on Oct. 14 , will bring Ripple's stablecoin, payments, and custody infrastructure into DriveWealth's brokerage operations while exploring securities tokenization opportunities with South Korea's Meritz. DriveWealth, which provides investment infrastructure to more than 100 partners worldwide, plans to integrate Ripple's RLUSD stablecoin into European settlement operations, with potential expansion into the US. Meanwhile, Meritz becomes Ripple's first Korean securities-firm partner and fourth institutional partner in the country this year.

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