Ripple announced a partnership with South Korean financial firm Meritz Securities, marking the first collaboration between Ripple and a Korean securities firm. Meritz Securities will explore Ripple’s custody solution and tokenization platform to develop digital asset services integrated with its existing securities businesses. The South Korean securities firm is considering spot crypto ETFs, fractional investments, security tokens, digital asset trading, and stablecoins in Korean won. Ripple now has four institutional partners in South Korea this year. The partnership operates within South Korea’s existing financial laws.
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