Ripple partners with Korea's Kyobo Life to tokenize government bond settlement

What Happened

Ripple announced a partnership with Kyobo Life Insurance, one of Korea's largest insurers, to tokenize government bond settlement using Ripple Custody platform. The arrangement aims to compress Korea's standard T+2 settlement cycle into near real-time execution. Both parties will assess technical and regulatory feasibility of broader tokenized treasury settlement. Kyobo Life will also explore stablecoin-based payment options. The deal reflects growing institutional tokenization efforts across Asia.

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