- Infinite Block has announced the support for the XRP Ledger.
- The South Korean firm will debut escrow, transfer, and storage services.
- Infinite Block will also provide consultation to XRP ecosystem developers.
Infinite Block, the only South Korean crypto firm to secure a Virtual Asset Service Provider (VASP) license until now, has announced support for XRP Ledger (XRPL), the open-source, public blockchain designed by American fintech firm Ripple.
The newly announced support from Infinite Block opens the door for XRPL to enter the South Korean market and gain access to a new user base.
According to a post on X (previously known as Twitter), Infinite Block will expand XRPL-based custody services and “pursue the expansion of blockchain services through compliance with domestic regulations.”
[InfiniteBlock Custody, now supports XRPL]InfiniteBlock(CEO, Gu-tae Jung) announced on the 21th that it will further expand ‘XRP Ledger(XRPL)’-based custody services and pursue the expansion of blockchain services through compliance with domestic regulations.
InfiniteBlock is… pic.twitter.com/yJZnkQlWGh
— Catalyze Research (@Catalyze_RS) June 24, 2024
Infinite …
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