Overview
- Meritz Securities has agreed with Ripple to review Ripple Custody and tokenization technology for possible use in South Korea’s capital markets.
- The companies said the work will begin within existing securities and digital‑asset rules and no specific product or launch date has been announced.
- Meritz is weighing a range of potential services, including spot crypto ETFs, fractional investment products, tokenized securities, trading platforms, and won‑pegged stablecoins.
- Ripple has previously run Korea pilots using Ripple Custody and explored its RLUSD stablecoin for settlement, and its custody service can be used without requiring XRP as the settlement asset.
- South Korea is finalizing security‑token rules due to take effect in February 2027, and Meritz and Ripple say they will expand cooperation in stages as the regulatory framework becomes clearer.