The XRP Ledger (XRPL) is seeing a significant increase in momentum in Korea, a development that has caught the market’s attention.
The XRP Ledger (XRPL) is seeing a significant surge in momentum in Korea, a development that has caught the attention of the market.
In this regard, Ripple’s Vice President of Strategy and Corporate Operations, Emi Yoshikawa, has expressed her excitement over the growing momentum of XRP Ledger (XRPL) in South Korea. This surge in interest is particularly notable as more companies enter the digital asset space in search of reliable, enterprise-grade platforms to support their initiatives.
The Ripple executive highlighted the latest development of Infinite Block, Korea’s only licensed digital asset custody provider. Last month, it announced its participation as a validator on the XRP Ledger blockchain.
In the most recent development, Infinite Block custody now supports XRPL, having launched an XRP Ledger custody service.
Tomiwabold OlajideAccording to a tweet shared by Yoshikawa, Infinite Block announced earlier this week that it will further expand XRP Ledger (XRPL)-based custody services and seek to expand blockchain services by complying with national regulations. Infinite Block also plans to provide regulatory compliance consulting for leading XRPL initiatives and ecosystem builders.
Reflecting on recent events, Yoshikawa fixed“It’s great to see the continued momentum of the XRP Ledger in Korea. With more companies entering the digital asset space, it’s critical for them to have access to trusted, enterprise-grade digital asset platforms. I’m excited to see Infinite Block, the only licensed digital asset custody provider in Korea, unlocking opportunities for XRPL users in Korea.”
The excitement surrounding the XRP Ledger push in Korea is well-founded. With Infinite Block leading the charge as a licensed digital asset custody provider, the opportunities for XRPL users in Korea are expanding.
XRP Ledger has been gaining ground globally and Korea is no exception. Yoshikawa’s recent comments underline the growing adoption of XRPL in Korea. This trend reflects a broader movement within the digital asset space, where companies are looking for robust, decentralized platforms to support their initiatives.
