Ripple partners with Kbank to deploy institutional-grade digital asset wallets
Tech Ripple partners with Kbank to deploy institutional-grade digital asset wallets Ripples collaboration with Kbank to deploy institutional-grade digital asset wallet infrastructure through Ripple Custody has coincided with the XRP $2.60 by April 30 market reaching 100% YES, up from 70% just 24 hours ago. This is Ripple‘s second major institutional deal in South Korea this month. Kbank is Korea’s first internet-only bank, and the integration uses Ripple Custody for digital asset wallets. The April 30 market has seen odds rocket to 100% YES as traders price in the partnerships implications for XRP adoption. Combined face value over the past 24 hours is $86,356, with $52,923 in actual USDC traded. The order book is thin: roughly $800 could move the price 5 percentage points. A 26-point drop at 11:11 PM shows how single large orders can whip the market around. At 100% YES with one day until resolution, buying YES offers almost no upside given the payout structure. The market is pricing near-certainty that XRP hits the target, but any negative news in the remaining hours could cause a sharp repricing. This makes new YES positions a poor risk/reward trade unless you expect additional institutional announcements or inflows before the deadline. Watch for further announcements from