Ripple Broadens Korean Push Into Wallets and Government Bond Settlement
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Ripple’s partnerships in South Korea span business payments, bank-managed digital asset wallets and blockchain settlement for government bonds.
Ripple is expanding its work in South Korea beyond international payments, with partnerships covering digital asset custody and capital-market transactions, according to Bitcoin.com News.
The report describes four Korean deals involving cross-border business payments, digital asset wallets managed by banks and government bond settlement using blockchain technology.
Cooperation with Meritz Securities brings securities-market activity into that broader effort. The partnerships come as regulated financial firms prepare to incorporate digital assets into their operations.
Source: Bitcoin.com News
