Deep Tide TechFlow News, on August 6, according to Cointelegraph, South Korean crypto asset custody institution BDACS today announced the official launch of XRP institutional custody services. This service is based on Ripple's enterprise-level custody solution and will provide institutional clients with compliant XRP storage and management services.

BDACS has completed system integration with major South Korean cryptocurrency exchanges including Upbit, Coinone, and Korbit, enabling institutional clients to allocate XRP assets within the regulatory framework.