HancomWith said on Monday it simultaneously launched Ontorium (ONTORIUM), a platform that tokenises physical gold, and AQUA, a service that can expand tokenised gold into finance, in global markets.
Ontorium issues the OXAU token using only physical gold certified by the London Bullion Market Association and with 99.99 percent purity as the underlying asset. The underlying assets and issued OXAU tokens are matched 1:1, and even each gold bar’s unique serial number is linked on-chain.
Users can check their OXAU holdings at a glance. They can also track real-time changes in asset value reflecting international gold prices in real time.
HancomWith also unveiled AQUA, which it said allows users to secure liquidity and generate returns through 24-hour deposits and loans using digitised gold as collateral, rather than stopping at converting gold into a digital asset. HancomWith said that by operating Ontorium and AQUA together, it has moved beyond the limits of other gold tokenisation models that focused only on storing the value of physical assets, extending into practical financial applications.
For the project, HancomWith jointly built RWA financial infrastructure with affiliate AB Labs and used the Arbitrum network to improve transaction efficiency.
HancomWith plans to start with gold to verify system stability and then expand into a range of assets including bonds, real estate and private credit. It also plans to launch a domestic mobile service in line with moves to legislate on won-based stablecoins.
HancomWith CEO Sang-yeob Song (송상엽) said Ontorium is key infrastructure that realises in global markets the Arowana project’s aim of digitising real-world assets into digital finance. He said the company will open a new paradigm in which real-world assets are used on-chain as productive financial tools such as for lending, payments and generating returns through cooperation with various partners, starting with the global launch. Song added that for the domestic market, the company is closely reviewing how related laws and systems are being put in place and plans to enter the local market in stages after meeting necessary requirements in line with the timing of legislation related to virtual assets.