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Finance

KB Securities posts 911.6 billion won operating profit for 2025, up 17 percent

KB Securities said on Feb. 5 it posted 911.6 billion won in operating profit in 2025, with pretax profit of 906.9 billion won and net profit of 682.4 billion won. The figures rose 17 percent, 21 percent and 16 percent, respectively, from a year earlier. The wealth management unit surpassed 200 trillion won in client assets. Investment banking, trading and wholesale businesses also reported steady performance and expanded revenue sources.

Crypto

Ripple invests $150 million in LMAX to expand RLUSD stablecoin for institutions

Ripple is making a $150 million strategic investment in LMAX Group, a global institutional exchange operator, and has signed a partnership centred on its Ripple USD (RLUSD) stablecoin, The Block reported. Under a multi-year agreement, RLUSD is expected to become key collateral across LMAX’s institutional trading infrastructure. Institutional clients including banks, brokers and asset managers will be able to use RLUSD for margin and settlement across several trading products.

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