Blockchain payments company Ripple has partnered with Meritz Securities, a South Korean brokerage firm, marking Ripple's first collaboration with a South Korean securities company. The two parties will explore the application of Ripple's custody solutions and tokenization platform in digital asset services, aiming to integrate them with Meritz Securities' existing securities business. Meritz Securities is currently seeking to expand opportunities in the digital asset space, including spot crypto ETFs, fractional investment, security tokens, digital asset trading, and KRW stablecoins.