Search results for Plume Network
AI & Enterprise
Global blockchain tech firms pour into Korea amid hopes for regulation
As moves to institutionalise digital assets in South Korea become more concrete, global blockchain firms are gaining momentum in targeting the local market, with infrastructure companies accelerating their push. LayerZero unveiled its Zero platform and held a briefing in Korea, while Plume Network is stepping up efforts in the token securities market. The revised Electronic Securities Act and Capital Markets Act will bring token securities into regulated finance from January 2027.
Crypto
Plume Network wants to tokenise Korean assets and link them to global RWA market
Plume Network, a layer-1 blockchain focused on real-world assets, is accelerating its expansion in South Korea. It has supported the won-pegged stablecoin KRW1 through cooperation with digital asset custodian BDACS and is expanding partnerships with communities and users. CEO Chris Yin said Korean firms are already preparing infrastructure ahead of the expected rollout of a token securities system in about a year. Plume aims to bring Korean assets on-chain and distribute them to global investors.
Crypto
BDACS expands KRW1 stablecoin to Plume mainnet
Digital asset custody firm BDACS said on Monday it has expanded its won-linked stablecoin KRW1 to Plume, a blockchain network specialising in real-world assets. BDACS said the integration will allow developers, financial institutions and asset issuers to secure won-based payments and liquidity in the Plume ecosystem. KRW1 is pegged 1:1 to the South Korean won and is fully collateralised by won assets deposited at major domestic commercial banks.