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Ripple has struck a new partnership with Kyobo Life Insurance to explore what it says would be Korea’s first tokenized government bond settlement workflow on blockchain, extending the company’s instit

Ripple has struck a new partnership with Kyobo Life Insurance to explore what it says would be Korea’s first tokenized government bond settlement workflow on blockchain, extending the company’s institutional push in Asia into the country’s insurance sector.

The partnership is built around Ripple Custody, which will be used to hold, transfer, and settle tokenized government bond transactions within a regulated institutional framework. The firm said the setup is designed to replace fragmented, manual settlement processes with on-chain execution, potentially compressing the standard two-day settlement cycle into near real-time.

Ripple Signs First Tier-1 Korean Insurer for Custody Push
Kyobo, one of Korea’s largest and most established life insurers, will work with Ripple to assess both the technical and regulatory feasibility of tokenized Treasury settlement within Korea’s financial system. The custody layer sits at the center of that effort. Ripple described Ripple Custody as a bank-grade, fully integrated platform built for regulated financial institutions, supporting the secure transfer, settlement, and management of digital assets.

Notably, the announcement positions custody not as a standalone product, but as the first layer of a broader institutional stack that could later expand into tokenization, payments, liquidity, and treasury management. In other words, the bond-settlement pilot is being presented as infrastructure, not a one-off proof of concept.

Ripple also tied the partnership to a larger modernization argument around government bond markets. By settling transactions simultaneously on-chain, the companies say institutions could reduce counterparty risk and improve capital efficiency. Ripple added that it will also support Kyobo in exploring stablecoin-based payment rails, with the goal of enabling 24/7 transaction capabili

Ripple has struck a new partnership with Kyobo Lif

Pundi X Labs released a new PundiCast episode featuring Nael, Co-Founder & CEO of IDRX, discussing IDR-pegged stablecoins and their ecosystem role. Trading signals for PUNDIX/USDT reported take-profit

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge Poland’s Zonda Says 4,503 Bitcoin Are Inaccessible, Sparking Withdrawal Cris

Claim1,200 USDT in the Monthly Creation Challenge

Poland’s Zonda Says 4,503 Bitcoin Are Inaccessible, Sparking Withdrawal Crisis Risk
Polish cryptocurrency exchange Zonda is facing severe withdrawal delays after losing access to about 4,503 Bitcoin held in a cold wallet.

Cointelegraph reported on April 16 that Zonda said it could not access the cold wallet holding roughly 4,503 BTC.

The exchange said it never received the wallet’s private key from former Chief Executive Officer Sylwester Suszek, who disappeared in 2022. As a result, the assets cannot be withdrawn.

Zonda denied embezzlement allegations. Still, rumors of a funding shortfall have spread, triggering a wave of customer withdrawal requests.

Tens of thousands of withdrawal requests were submitted over the past few days, the report said, creating what was effectively a bank-run scenario.

The episode has renewed scrutiny of how centralized exchanges manage assets and the risks tied to key custody. Zonda’s ability to secure liquidity and resolve the situation will be critical.




Poland’s Zonda Says 4,503 Bitcoin Are Inaccessible

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Claim1,200 USDT in the Monthly Creation ChallengeVote to help HTX win & share 300 USDT!Post To Earn BonusBitcoin funding rates have dropped to their lowest levels since 2023, signalling heavy short po

Bitcoin funding rates have dropped to their lowest levels since 2023, signalling heavy short positioning even as prices trend higher.

Despite the current sustained stretch of negative funding throughout March and April, bitcoin has continued to grind higher, climbing from the low to mid $60,000s to around $75,000.

Historically, deeply negative funding rates have coincided with local bottoms, including March 2020, mid 2021, and the FTX collapse in 2022.

Bitcoin funding rates hit most negative since 2023

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