Ripple: Meritz Securities Deal Targets Korea Capital Markets
Ripple announced a partnership with Meritz Securities to deliver institutional custody and tokenization services across South Korea's capital markets, marking the company's fourth Korean institution tie-up in 2026 following Kyobo Life Insurance, Kbank and Jeonbuk Bank.
SourceAnalysis
Ripple has added Meritz Securities as its first securities partner in Korea, extending institutional-grade custody and tokenization into the country’s capital markets after earlier agreements with Kyobo Life Insurance, Kbank and Jeonbuk Bank.
The move completes coverage across banking, insurance and now securities for the year. XRP trades at $1.37 inside the Bollinger band with the upper band at $1.43 acting as immediate resistance aligned with the EMA200. The EMA50 sits at $1.41, reinforcing the bearish structure, while RSI at 44.28 remains neutral and the MACD golden cross at -0.01 signals building momentum that could lift price toward the $1.43 confluence zone before any retracement to the $1.34 lower band support.
Ripple
@RippleAs the official account of Ripple, the company focuses on transforming global payments through its enterprise blockchain solutions and digital asset XRP. It shares updates on institutional adoption, regulatory engagements, and technology developments in cross-border finance and central bank digital currencies (CBDCs).