South Korea's Meritz Securities Partners with Ripple for Asset Tokenization

Key Facts

1Meritz Securities signed a strategic partnership with Ripple to explore Ripple Custody and tokenization infrastructure for Korean capital markets.

Meritz Securities signed a strategic partnership with Ripple to explore Ripple Custody and tokenization infrastructure for Korean capital markets. CoinGape reported that the agreement aims to review the application of Ripple's technology within the local financial sector, with the deal formalized at Meritz's headquarters in Seoul by CEO Jang Won-jae and Ripple President Monica Long.

The partnership positions both firms ahead of South Korea's tokenized-securities amendments scheduled to take effect on February 4, 2027. The collaboration focuses on modernizing Korean capital markets by leveraging blockchain infrastructure for asset management and digital custody, though no specific settlement assets such as XRP or RLUSD have been confirmed for the project at this stage.