Ripple’s strategic partnership with BDACS, a regulated crypto custodian in South Korea, has reached a major milestone: $XRP custody support is now live, as of August 5, 2025. This move allows institutional clients in Korea to securely hold and use XRP under regulatory oversight.
The collaboration, first announced in February 2025, is part of a broader initiative to integrate Ripple’s XRP and RLUSD stablecoin into compliant financial ecosystems. BDACS operates within the framework of South Korea’s Financial Services Commission, aiming to strengthen trust in crypto through transparency and legal safeguards.
By supporting XRP, BDACS enhances access for Korean institutions via integrations with major exchanges like Upbit, Coinone, and Korbit. Ripple’s institutional custody platform will also support tokenization and stablecoin infrastructure, paving the way for more advanced DeFi services.
At the time of publication, XRP was trading at $2.97, down 3.4% in the previous 24 hours. Despite market volatility, this partnership signals growing institutional confidence in XRP’s long-term role within regulated crypto finance.
