Meritz Securities and Ripple reached an agreement on October 14 to explore custody services and tokenisation infrastructure within Meritz’s existing South Korean permissions. The partnership is expected to expand in stages as Korea’s regulatory framework develops, with Ripple Custody and related technology initially examined for regulated capital-markets activities. Meritz is also considering spot ETFs, fractional investments, security tokens and won-linked stablecoins, but none of these products is being launched under the agreement. The deal marks Ripple’s first partnership with a South Korean securities firm and does not indicate an immediate increase in XRP trading volume.
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