"Ripple Custody announced that Kbank will utilize its managed custody infrastructure to expand digital asset wallet operations in Korea's regulated banking sector, enhancing Kbank's digital finance strategy."
"The partnership allows Kbank to leverage multi-party computation-based wallet technology, which facilitates institutional asset control without the need for extensive internal custody development."
"Kbank's deployment of Ripple Custody's wallet-as-a-service infrastructure enables faster wallet setup, high-speed transaction signing, and scalable management of digital assets across multiple blockchain networks."
Ripple Custody will support Kbank's expansion of digital asset wallet infrastructure in Korea's regulated banking sector. This partnership provides Kbank with managed custody infrastructure for institutional wallet operations. Kbank will utilize multi-party computation-based wallet technology, allowing for asset control without developing its own custody system. The infrastructure enables faster wallet setup and scalable digital asset management. Kbank's existing position in the crypto banking market is strengthened by this collaboration, enhancing its capabilities in cross-border payments and stablecoin remittances.
Read at news.bitcoin.com
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