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Ripple partners with Kyobo Life Insurance in Korea to pilot government bond settlement tokenization

Ripple partners with Kyobo Life Insurance in Korea to pilot government bond settlement tokenization

AIcoinAIcoin2026/04/16 05:19
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Ripple has partnered with Korean Kyobo Life Insurance to pilot the tokenization of Korean government bond settlement through the Ripple Custody platform, aiming to reduce the standard T+2 settlement cycle to near real-time. This agreement is positioned as a strategic pilot to assess the technical and regulatory feasibility of broader tokenized government bond settlements, as well as to explore stablecoin-based payment channels. This is Ripple’s first collaboration with a Korean insurance company and also marks its expansion into Asian institutional infrastructure, including recent custody and payment partnerships in Japan, Singapore, and the United Arab Emirates.
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