Gate News message, April 15 — Ripple announced a partnership with Kyobo Life Insurance, a South Korean insurer, to support tokenized government bond transactions through Ripple Custody in a regulated institutional environment.
The companies plan to use Ripple’s custody platform for the holding, transfer, and settlement of tokenized assets, replacing manual bond settlement steps with on-chain processing.
Ripple will also support Kyobo in exploring stablecoin-based payment rails, allowing 24/7 transactions within a compliant, regulated framework.
The move is part of Kyobo Life’s broader push to accelerate digital transformation and improve efficiency through next-generation financial infrastructure.
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