4 Korean Deals Accelerate Ripple’s Institutional Push
Photo: DailyCoin
Four South Korean financial institutions have signed agreements with Ripple within six months, according to Kamilah Stevenson, a wealth-focused market commentator tracking the company’s expansion. Her latest video points to an insurer, an internet bank, a regional lender and a securities firm as evidence of growing institutional interest, but their involvement does not necessarily translate into XRP demand. The most consequential detail is the emphasis on custody. Three of the four arrangements begin with infrastructure for safeguarding digital assets, rather than cryptocurrency trading or payments. Custody Comes Before the Bigger Bets Dr.
Source: DailyCoin
