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“Ripple just partnered with Kyobo. This is an insurance giant and they're going to work on tokenizing Korean government bond settlement.”
“Ripple is also moving to do some Ripple custody actions with Kyobo Life Insurance. This is one of South Korea's largest life insurers, and they're going to pilot blockchainbased settlement of government bonds.”
“Kio Life is saying that these traditional financial instruments are just more efficient on blockchain, especially because you don't have to wait days for things to settle.”
“I'll tell you what I make of it. Ripple gets another endorsement here. And I'm talking about an unofficial endorsement. Yes, it's Kyobo Life Insurance, one of Korea's largest and most established life insurance companies...”