The South Korean crypto scene is experiencing another wave of XRP euphoria – this time with an official stamp of trust. BDACS, a government-regulated digital asset custody provider, has announced it is now offering institutional-level custody services for Ripple (XRP), further solidifying XRP’s presence in the country.
This development allows for legal and secure storage of XRP within a professional infrastructure used by banks, funds, and major investors. BDACS officially confirmed the launch, stating:
“We are very pleased to offer institutional clients custody support for XRP, one of the most popular digital assets in South Korea.”
💼 Strategic Partnership with Ripple
The integration of XRP into BDACS’s custody services is no coincidence. The company emphasized that this move deepens its long-term partnership with Ripple and highlights its ongoing commitment to the South Korean crypto market, which ranks among the most active in the world.
🔗 Direct Integration with Top Exchanges
Adding even more weight to the news, BDACS recently completed integrations with major South Korean crypto exchanges like Upbit, Coinone, and Korbit. As a result, users on these platforms can legally and securely trade and use XRP, backed by institutional-grade custody.
📊 XRP Dominates South Korean Charts
XRP remains a fan favorite in South Korea. The token consistently ranks among the top traded assets on Upbit and Bithumb, reflecting strong confidence from both retail and institutional investors.
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