🇰🇷 Urgent: South Korean company BDACS launches institutional custody service for XRP in partnership with Ripple Custody!
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📈 The most important news:
* South Korean company BDACS announced the launch of a new institutional custody service for XRP.
* This service was launched in collaboration with Ripple Custody, the institutional custody arm of Ripple.
* This service provides South Korean institutions with a secure and compliant way to hold their XRP assets, facilitating trading on major local platforms.
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💡 What does this mean?
* This collaboration is a clear indication of the growing institutional interest in XRP in South Korea, which is an important market for digital currencies.
* This service enhances the legitimacy and reliability of XRP as an asset that institutions can safely deal with, especially since it complies with the local regulatory framework.
* This partnership may contribute to increased institutional capital flows into XRP, which could positively impact the price of the currency in the long term.
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❓ Do you think this move will encourage other institutions in Asia to adopt XRP in their portfolios?
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