Close Menu
Newsoutnow.comNewsoutnow.com
    Quick Access
    • Bigg-Boss
    • Entertainment
    • High Life
    • Infotainment
    • News
      • Business
      • Sports
      • Technology
    • News Wire
    • Photo Gallery
    • Stars-Wiki
    • Trending
    • World
    Facebook X (Twitter) Instagram
    • About
    • Download the App
    • Contact Us
    Facebook X (Twitter) Pinterest
    Newsoutnow.comNewsoutnow.com
    • Entertainment
    • Infotainment
    • News
      • Sports
      • Business
      • Technology
      • World
    • High Life
    • Trending
    Newsoutnow.comNewsoutnow.com
    Home»News Wire»Global Leading RWA Network Plume Lowers the Barrier for Korean Institutional Investment Through the KRW1 Stablecoin
    News Wire

    Global Leading RWA Network Plume Lowers the Barrier for Korean Institutional Investment Through the KRW1 Stablecoin

    PR NewswireBy PR NewswireFebruary 3, 20263 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    NEW YORK, Feb. 3, 2026 /PRNewswire/ — Plume, the global leading real-world asset (RWA) network, has introduced the KRW-denominated stablecoin KRW1 issued by leading digital asset custody firm BDACS (Beyond Digital Asset Custody Service).
    Through this collaboration, Korean investors and institutions gain the foundation to make payments and investments directly in Korean won (via KRW1) across Plume’s ecosystem.”Plume currently operates one of the world’s largest RWA ecosystems, with more than 280,000 RWA holders and $645 million in RWAs. By adding KRW1 as a payment and investment instrument, we are opening a new pathway, particularly for Korean institutional investors, to enter the RWA market using a non-USD currency,” said Teddy Pornprinya, Co-Founder and Chief Business Officer (CBO) of Plume.Plume’s decision to select the Korean won as its first non-USD currency reflects Korea’s regulatory readiness and institutional demand. Following amendments to the Capital Markets Act and the Electronic Securities Act last year, Korea introduced a tokenized securities (STO) framework that brings security tokens into the regulated financial system, and is regarded as having one of the more advanced RWA regulatory environments in Asia.”Korea is a market where regulation is relatively clear yet supportive of innovation. Major financial institutions are expanding investments related to RWAs and blockchain, making Korea a key strategic hub for Plume’s expansion in Asia,” said Pornprinya.Launched by BDACS in September 2025, KRW1 is fully backed by KRW deposits held in an escrow account at a domestic commercial bank, Woori Bank. BDACS has successfully completed a proof of concept (PoC covering KRW deposits, token issuance, and on-chain verification), validating both technical feasibility and operational stability.”Plume has established itself as an institution-ready RWA platform through embedded compliance and full EVM compatibility,” said Hong-yeol Ryu, CEO of BDACS. “The integration of KRW1 further strengthens its position as a regulation-aligned RWA infrastructure provider in Asia.”Plume opens access to assets from global asset managers including Apollo Global Management, WisdomTree, and BlackOpal, spanning asset classes such as real-estate-backed loans, private funds, and government bonds.With the introduction of KRW1, Korean investors can invest and receive returns directly in won, reducing FX costs and operational complexity, while paving the way for greater institutional participation, future on-chain issuance by Korean financial institutions, and expansion to additional Asian currencies such as the Japanese yen and Singapore dollar.About Plume Plume is the leading real-world asset (RWA) network. It enables asset issuers and institutions to deploy onchain assets through its native infrastructure and grow those assets through its flagship real-world yield protocol Nest. As the ecosystem with the largest active wallet base in the RWA sector and 200+ projects, Plume is shaping the next generation of onchain capital markets.Learn more at https://plume.org/ Media ContactLeila Stein, Content Marketing Manager, press@plumenetwork.xyzLogo – https://www.newsoutnow.com/wp-content/uploads/2026/02/Full_Logo_ID_3d3934e75632_Logo.jpg

    View original content:https://www.prnewswire.co.uk/news-releases/global-leading-rwa-network-plume-lowers-the-barrier-for-korean-institutional-investment-through-the-krw1-stablecoin-302677515.html

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCango Inc. Announces January 2026 Bitcoin Production and Mining Operations Update
    Next Article Adyen and Fresha Surpass $5.5 Million in Capital Issued as Global Embedded Finance Expansion Scales to Seven Key Markets
    PR Newswire
    PR Newswire

    PR Newswire is a distributor of press releases headquartered in New York City.

    Next Up For You

    News Wire

    HOYA BIT Becomes World’s First BSI ISO 14068-1 Certified Carbon-Neutral Crypto Exchange

    April 24, 2026
    News Wire

    The Steadfastness of a 13-Year Veteran Exchange: Understanding the Risk Control Logic Behind HTX Earn

    April 24, 2026
    News Wire

    KuCoin Launches KuCard on Mastercard’s Global Network in Australia, Advancing Real-World Crypto Payments

    April 24, 2026
    News Wire

    TestGrid Wins ‘Best Use of AI’ at India Digital Enabler Awards 2026, Powered by Entrepreneur India

    April 24, 2026
    News Wire

    India Must Move Beyond Financial Inclusion to Financial Maturity, Says FMI Study

    April 24, 2026
    News Wire

    Fox ESS Ranks No. 1 Globally in Residential Energy Storage

    April 24, 2026
    More Reads

    Rauw Alejandro and Buchanan’s Scotch Whisky Mark a Milestone for Music, Celebration and the FIFA World Cup 2026™ Countdown, Debuting a First-of-Its-Kind Song and Music Video, ‘Dando Vueltas.’

    April 24, 2026

    Historic Artworks Receive Funding through BofA’s Art Conservation Project™

    April 24, 2026

    Global Coatings and Stone Paint Markets Set for Sustained Growth Amid Shift Toward Sustainability and Architectural Innovation

    April 23, 2026

    Oxford Royale Academy Partners with MIT to Bring AI Education to Summer School Students

    April 23, 2026

    ViewSonic Monitor Achieves EPEAT 2.0 Registration, Marking Early Adoption of Updated Sustainability Criteria

    April 23, 2026

    Phemex Launches Prediction Market Powered by Polymarket, Introduces Month-Long Forecasting Championship

    April 23, 2026

    Joget Introduces AI Composer for Conversational Enterprise App Composition with Built-in Governance

    April 23, 2026
    Facebook X (Twitter) Pinterest RSS
    • About
    • Download the App
    • Contact Us
    © 2026 newsoutnow.com

    Type above and press Enter to search. Press Esc to cancel.