ripplecustody

Ripple is strengthening its institutional presence in the APAC region through a new partnership with SettleMint, combining custody and tokenization tools into one unified platform.

#RippleCustody #AssetTokenization ‎

Ripple Custody + Kyobo Life Pilot Real-Time Bond Settlement

Ripple Custody partnered with Kyobo Life Insurance April 15, launching Korea’s first blockchain government bond settlement platform for a Tier 1 insurer.

Pilot Details
> Goal: Compress Korea’s T+2 bond settlement to near real-time on-chain execution
> Tech: Ripple Custody holds, transfers, settles tokenised Korean gov bonds. RLUSD stablecoin rails under exploration
> Scale: Kyobo Life = top 3 Korean insurer with ∼$92B assets
> Quote: Kyobo EVP Jin Ho Park: “Not simply about digital assets — it’s about validating how traditional financial instruments can operate securely and efficiently on blockchain”

Ripple’s Korea Stack
^ Network: SBI Holdings, Ripple’s Japan partner, also invests in Kyobo Life
^ Expansion: April 27 deal with KBank to test blockchain cross-border remittances
^ Note: Pilot doesn’t use Ripple ODL or create direct XRP demand. RLUSD could drive XRPL throughput

#Ripple #XRP #Korea #RippleCustody #Blockchain

$XRP