South Korea2026.11.06TokenPost

Ripple partners with four South Korean financial firms — three in custody, one in remittances

• Kyobo Life Insurance (April): agreed to use Ripple Custody to review custody, transfer, and settlement of tokenized government bonds, assessing technical and regulatory feasibility.
• K Bank and Meritz Securities: also partnering with Ripple on custody, wallet, and tokenization infrastructure.
• A separate regional bank's partnership with Ripple is centered on corporate cross-border remittances, rounding out four partnerships across insurance, internet banking, regional banking, and securities.