Emi Yoshikawa, Vice President at Ripple, highlights the significant adoption of XRPL in South Korea, driven by growing business interest in digital assets. Infinite Block, Korea’s licensed digital asset custody provider, has expanded its XRPL services, emphasizing regulatory compliance and enterprise utility.
According to the CNF report, Ripple’s launch of the APAC Fund amid SEC legal challenges has successfully advanced innovation within the XRPL ledger in Japan. This effort includes forging corporate partnerships, offering developer grants, investing in startups, and nurturing community growth.
Emi Yoshikawa, through her personal X account, expressed enthusiasm about the notable surge of the XRP Ledger (XRPL) in South Korea. She celebrated the increasing momentum of XRPL in Korea , driven by the entry of numerous businesses into the digital asset sector.
In a recent update, Korea’s sole licensed digital asset custody provider, Infinite Block, has become a validator in the XRPL blockchain and launched an XRPL Ledger custody service. The company plans to expand its XRPL-based services and offer regulatory compliance consulting.
Yoshikawa’s acknowledgment underscores the broader global trend of businesses seeking reliable, enterprise-grade digital asset platforms, with Infinite Block leading in Korea. Catalyze Research previously highlighted this update, quoting Gutae Jung, CEO of InfiniteBlock, who emphasized their quick implementation of XRPL validator operations and the launch of XRPL-specific custody services.
Regarding current market trends, today’s Coin Market Cap data shows Ripple (XRP) trading at $0.4696, reflecting a decrease of 1.40% over the past day and 5.14% over the past week. This pattern suggests the importance of Ripple’s global outreach efforts to support increased XRP market trades.
For further information:
– Guide to Buying Ripple (XRP)
– Ripple XRP Wallet Tutorial
– Check 24-hour XRP Price
– More Ripple (XRP) News
– What is Ripple (XRP)?
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