XRP Gains Ground in Asia With Institutional Support

By: Eva Baxter

XRP is witnessing a notable resurgence in Asia as institutional interest in the cryptocurrency picks up pace in major markets like South Korea and Japan. The cryptocurrency has been experiencing a period of relative price stability, hovering around the $3 mark, as recent developments indicate a broadened adoption of the XRP Ledger across the region.

One significant development has been the rollout of XRP custody services by BDACS, a leading digital asset custody provider in South Korea. As of August 5th, institutional investors in Korea can now access a secure and regulated environment for trading XRP through platforms such as Upbit, Coinone, and Korbit. Ripple and BDACS have reiterated their partnership, highlighting this move as a pivotal point towards further engagement within the Korean market.

The enthusiasm in Japan was marked by SBI Holdings' announcement to launch exchange-traded funds (ETFs) for XRP and Bitcoin. These ETFs, outlined in the company's Q2 2025 earnings report, could potentially provide Japanese investors with regulated access to these digital assets, thereby enhancing liquidity and ushering in greater institutional participation. Notably, SBI Holdings, a major supporter of Ripple, could further solidify XRP's standing through these initiatives.

The strategic introduction of these ETFs and custody solutions could also indicate a broader trend towards greater integration of altcoins like XRP into Asian financial systems. The institutional backing and infrastructural enhancements not only strengthen the cryptocurrency's footprint in the region but also forecast a stronger role for XRP in global cross-border financial applications, reflecting bullish sentiments for the token's future.