1-8-2025 – XRP has been integrated into BDACS, a regulated digital asset custody platform serving institutional clients in South Korea. This move allows licensed entities to securely hold and trade XRP on compliant venues, strengthening its institutional adoption in a key crypto market.
BDACS, already linked to major exchanges like Upbit, Coinone, and Korbit, provides a robust framework for institutions to access live XRP markets while adhering to local regulations. XRP dominates South Korean trading, commanding 19% of Upbit’s daily volume—over $629 million—and 16% on Bithumb with $224 million, surpassing Bitcoin and Ethereum.
This integration aligns institutional access with XRP’s established retail popularity, streamlining operations for firms previously reliant on fragmented or offshore channels. For Ripple, which leverages XRP for cross-border payments, the partnership deepens its foothold in South Korea, a blockchain innovation hub.
By enabling secure, regulated custody, BDACS and Ripple are reinforcing XRP’s role as a regional leader without overhauling existing market dynamics. The move reflects a pragmatic approach to scaling institutional use in a market where XRP is already a trading staple.
