Plume Boosts Korean Institutional Entry to Real-World Asset Market with KRW1 Stablecoin
Plume is a global network that tokenizes real assets. It works to lower steps for Korean institutions. On February 3, 2026, Plume launched the KRW1 stablecoin. BDACS issues the coin and holds digital asset custody.
Bridging Traditional Assets with Digital Finance
Plume runs a large network that connects real assets with digital finance. Its system links more than 280,000 holders and about US$645 million in tokens. KRW1 lets Korean investors pay and invest in their own money. The coin runs inside Plume’s system. It cuts out the need to change US dollars. This step cuts extra costs and risks.
Teddy Pornprinya, co-founder and chief business officer, calls the move a key step. He said, "KRW1 helps Korean institutions join a new space using their own currency instead of the US dollar."
A Supportive Regulatory Scene in Korea
Plume chose the Korean won for its first non-USD coin. Korea made changes to its Capital Markets Act and Electronic Securities Act. The changes now treat tokens as legal parts of finance. The clear rules help use digital tokens in Korea. Pornprinya added, "Korean rules support new ideas. Big banks invest in these tokens and blockchain. Korea becomes a base for our work in Asia."
Technical and Operational Readiness
BDACS launched KRW1 in September 2025. The coin is backed by won deposits held at Woori Bank. BDACS ran tests for deposits, coin production, and on-chain claims. The tests proved that the coin works well.
Hong-yeol Ryu, BDACS’s CEO, said, "Plume meets institution needs with rules built in and full EVM support. KRW1 shows a strong fit for digital asset work in Asia."
Expanding Access to Different Asset Types
Plume connects investors with tokenized assets from leading asset managers like Apollo Global Management, WisdomTree, and BlackOpal. Assets include loans on real estate, private funds, and government bonds. Investors use the coin to get paid and to invest in won. This cuts exchange costs and extra work. The change may bring more Korean institutions to invest. Plume also plans to add coins in Japanese yen and Singapore dollars.
Shaping the Future of Onchain Capital Markets
Plume gives asset issuers and institutions ways to manage tokens. Its tool, Nest, works to produce real earnings from real assets. With more than 200 projects, the network ties classic assets with blockchain work. This work gives more fluid markets and clear records.
Conclusion
The launch of KRW1 marks a strong step in mixing classic finance with blockchain work. The coin lets Korean institutions use their local money when they work on Plume’s system. It cuts exchange risks and extra tasks. As token work joins global markets, moves like this build trust in digital finance in Asia and beyond.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
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