Ripple expands South Korea footprint through Meritz Securities partnership
Ripple and Meritz Securities signed a strategic partnership to review digital-asset custody and tokenization infrastructure for South Korea’s capital markets. The review also leaves room for possible services tied to ETFs, stablecoins, and tokenized securities, but those are still under examination.
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Meritz Securities is the part of this story that would be noticed first by market participants in South Korea, because the firm said it signed the agreement on October 7 and that the work is aimed at the domestic market. That means institutions watching custody and tokenization efforts in the country now have a named brokerage tied to the review, not just a general industry discussion.
In practice, the arrangement still looks like an exploration rather than a launched service. The review covers Ripple Custody and tokenization infrastructure for capital markets, and the possible scope also mentions ETFs, stablecoins, and tokenized securities, which shows those items are being assessed rather than introduced as finished offerings.
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 17 days ago | Brazil’s CSD BR partners with Ripple to mirror securities records on XRP Ledger event | 1 actors in common · 16 news media |