XRP is making a comeback in Asia. Institutional players in South Korea and Japan are showing new interest. Infrastructure around the token is expanding. These two countries remain strong crypto centers in the region.
XRP’s price has stayed close to the $3 mark over the past month. This price stability matches the growth of the XRP Ledger. More users and platforms continue to adopt it. On August 5, BDACS launched XRP custody services.
BDACS launches XRP custody for institutions
BDACS is a well-known Korean digital asset custodian. The new service targets institutions only. This move points to a rising demand from professional investors in the country. BDACS now allows secure handling of XRP for clients.
The firm also connects Ripple with top local exchanges like Upbit, Coinone, and Korbit. This step helps institutions stay within regulatory guidelines while interacting with Ripple. BDACS sees this as a strategic expansion.
The company is building stronger ties with Ripple. It views the custody rollout as the start of deeper plans. Future projects between BDACS and Ripple may follow. Japan is also stepping forward. Financial giant SBI Holdings plans to offer Ripple and Bitcoin ETFs.
XRP gains momentum in Asia with ETF proposal
The update came in its Q2 2025 earnings report. If regulators approve, these will be among Asia’s first crypto ETFs to include XRP. The funds aim to offer Japanese investors safe access to both assets. They could increase market liquidity and attract more institutions. The Ripple ETF might even spark wider ETF activity in the altcoin space across Asia.
SBI’s role adds strength to this push. The firm is a major Ripple holder. It supports Ripple’s cross-border payment solutions and has stood by the asset through years of market shifts. Now, the ETF proposal shows even more faith in XRP’s future.
XRP is clearly gaining ground again. With secure custody in Korea and ETF plans in Japan, institutional support is building. Ripple’s connections and the token’s ongoing infrastructure development suggest this trend may continue. As these key markets move forward, XRP’s position in Asia’s financial landscape grows stronger.
