South Korean asset managers are launching exchange-traded funds overseas that highlight stablecoins, tokenisation and bitcoin, while the domestic market has yet to list spot digital-asset ETFs or products branded around such themes. In South Korea, exposure is mainly gained by including related companies in existing overseas equity ETFs. Firms are also expanding digital-asset initiatives, including tokenising ETF products and building blockchain partnerships, as they prepare for possible regulatory changes.

Binance founder Changpeng Zhao (창펑 자오) forecast that traditional IPOs will eventually shift to blockchain, arguing tokenised offerings can provide 24-hour liquidity, integrate with DeFi protocols and tap retail investors globally. He pointed to on-chain infrastructure for real-world assets, where tokenised stocks and ETFs account for part of the market. Separately, trading in Anthropic pre-IPO derivatives has surged on Binance and decentralised exchange Hyperliquid, despite legal barriers linking such markets to traditional finance.