Ripple has announced a strategic partnership with South Korean digital asset firm BDACS to provide institutional-grade custody services for XRP and RLUSD. Ripple today announced the partnership, noting that it is in line with the Financial Services Commission (FSC) 's roadmap for regulatory approval. The roadmap is designed to support institutional participation in the digital asset market in South Korea. Under the partnership, BDACS will use Ripple Custody to provide custody solutions for its supported digital assets, including XRP and RLUSD.