Ripple signs new deal with South Korea's Meritz Securities
Ripple has partnered with South Koreas Meritz Securities on October 14 to explore institutional cryptocurrency custody and asset tokenization, securing its fourth Korean financial partnership of 2026 and its first with a securities firm. SummaryRipple partnered with Meritz Securities to explore institutional custody and tokenization within South Koreas markets.Meritz becomes Ripples fourth Korean institutional partner this year and its first local securities firm.Both companies will begin within existing securities regulations before considering additional services as rules develop.Meritz is examining spot ETFs, fractional investment, security tokens, trading platforms, and won denominated stablecoins.Ripple already works with Kyobo Life, Kbank, and Jeonbuk Bank on separate institutional financial projects. Ripple announced the agreement on Wednesday, confirming that both companies will examine how Ripple Custody and its tokenization technology could support Meritz‘s capital markets operations. The initial work will remain within the securities firm’s existing business permissions and South Koreas current regulatory framework. Neither company disclosed a commercial launch date or financial terms. You might also like: Ripple partners with Stripes Privy to bring XRP payments to apps Ripple and Meritz Securities plan digital asset services Under the partnership, Meritz Securities will assess Ripples infrastructure for holding, transferring and settling digital assets. Ripple Custody provides software designed for regulated financial institutions,









