Search results for tokenised government bonds
Crypto
XRP overtakes bitcoin on Upbit as South Korea emerges as a core XRPL market
XRP has become one of the key traded assets on Upbit in South Korea, with its XRP/KRW market sometimes surpassing bitcoin and ether during periods of higher volatility, according to remarks by Evernode CEO Ashish Birla. He also pointed to a shift among major South Korean financial institutions toward investing in infrastructure supporting digital assets. Discussion at the Bitcoin Seoul event also highlighted tokenisation and real-world assets.
Crypto
XRP Ledger used for tokenised government bond settlement in South Korea
Ripple\'s XRP Ledger (XRPL) has been used in South Korea to settle tokenised government bonds. Ripple worked with Kyobo Life Insurance to apply XRPL across issuance, settlement and custody of the bonds. The case aligns with Ripple CEO Brad Garlinghouse\'s recent push for onchain bond settlement and his criticism of slow, inefficient traditional systems. Market participants say the approach is already being implemented in part, including an April transaction in South Korea.
Crypto
Bitcoin no longer faces major crashes, \'a completely different institution-led market\'
The cryptocurrency market is undergoing structural change beyond the traditional four-year halving cycle, with global liquidity, institutional money and regulation increasingly driving trends, an analysis said. CoinEx said bitcoin could reach up to $180,000 by the end of 2026 under favorable macro and market conditions, calling it a probabilistic scenario. It cited spot bitcoin ETFs and a more stable derivatives market as buffers that could prevent 80 percent-scale crashes seen in past cycles.