The partnership between Ripple and Kyobo Life Insurance will enable settlement of bond transactions in near real-time.
Blockchain enterprise solutions provider Ripple has partnered with South Korea’s Kyobo Life Insurance to launch tokenised government bond transactions via Ripple Custody, an integrated digital asset custody platform.
The collaboration leverages Ripple Custody as the secure foundation for the holding, transfer, and settlement of tokenised assets. Over time, this infrastructure can integrate with broader capabilities across payments, liquidity, and treasury management.
By enabling transactions to settle simultaneously, settlement cycles can move from the typical two-day settlement timeline to near real-time settlement. Additionally, Ripple will also help Kyobo explore stablecoin-based payment rails, enabling 24/7 transactions.
Fiona Murray, Managing Director, Asia Pacific at Ripple, said: “This partnership is a signal to the broader market that institutional-grade digital asset infrastructure is no longer a future aspiration; it is available, proven, and ready to deploy in Korea today.”
Jin Ho Park, Senior Executive Vice President at Kyobo Life Insurance, said: “Our partnership with Ripple is not simply about digital assets — it’s about validating how traditional financial instruments can operate securely and efficiently on blockchain.”
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