Ripple Partners with Meritz Securities for Asset Tokenization in South Korea

Key Facts

Ripple signed a strategic partnership with the South Korean brokerage Meritz Securities to examine custody and tokenization infrastructure for capital markets. Bitcoin.com reported that the agreement focuses on exploring Ripple's digital asset infrastructure for institutional custody and asset tokenization. According to Tokenpost, XRP trading volume overtook Bitcoin on the South Korean exchange Upbit following the announcement of the partnership.

The collaboration aims to integrate Ripple's blockchain technology into traditional South Korean financial services, including a review of the Ripple Custody platform. Market activity showed significant retail interest, with XRP trading volume reaching approximately $111.4 million on October 7, 2026, surpassing Bitcoin's $104.7 million on the same date. The partnership remains in an exploratory stage as both firms evaluate potential applications within South Korea's evolving regulatory framework.