Plume's KRW1 Stablecoin Reduces Barriers for Korean Institutional Investments

Introduction to Plume's KRW1 Stablecoin

In a groundbreaking development, Plume, a leading global real-world asset (RWA) network, has introduced a new stablecoin denominated in South Korean Won, named KRW1. This innovative financial instrument, issued by BDACS (Beyond Digital Asset Custody Service), is set to significantly streamline the investment processes for institutional investors in Korea.

The Significance of KRW1

The KRW1 stablecoin is crucial as it enables Korean investors to conduct payments and investments directly in their local currency within Plume's ecosystem. According to Teddy Pornprinya, co-founder and Chief Business Officer of Plume, this addition marks a pivotal shift in how Korean institutional investors can access the RWA market, moving away from conventional USD-denominated transactions. With this new currency, investments can be made more seamlessly, reducing foreign exchange costs and operational complexities.

The development reflects Korea's proactive regulatory environment, which has recently evolved to support innovations in the financial sector, especially following the amendments to the Capital Markets Act and the Electronic Securities Act. The country's introduction of a Tokenized Securities framework positions it as one of the most advanced regions in Asia for RWA regulation.

Enhancing Institutional Participation

Korea is now recognized as a transparent market that encourages innovation, making it an attractive hub for financial institutions. The potential for substantial investment in RWAs and blockchain technology has prompted major financial entities to broaden their horizons. Plume sees Korea as a strategic base for future expansions across Asia, bringing in possibilities of broader market growth.

BDACS, which launched KRW1 in September 2025, supports the stablecoin with KRW deposits held in an escrow account at Woori Bank. They successfully demonstrated the operational efficiency of KRW deposits, token issuance, and on-chain verification, establishing a strong foundation for KRW1.

Institutional Collaboration and Future Plans

Plume's collaboration with major global asset managers like Apollo Global Management, WisdomTree, and BlackOpal is a testament to its robust positioning in the market. The introduction of KRW1 not only simplifies the investment process for Korean investors but also sets the stage for further integration of other Asian currencies, such as the Japanese Yen and the Singapore Dollar, into the RWA ecosystem.

The ease of direct investments in Won will catalyze increased liquidity in the market, promising higher yields and stimulating overall growth within the RWA sector. This evolution highlights how crucial technological adoption and regulatory foresight are in shaping financial landscapes.

The Future of RWA Investments

As Plume strengthens its role as an RWA infrastructure provider, regulatory compliance and full compatibility with Ethereum Virtual Machine (EVM) have become cornerstones of its operational model. The integration of KRW1 significantly enhances its capability to cater to a diverse range of assets while providing a compliant platform that aligns with Asia's regulatory frameworks.

Conclusion

The introduction of KRW1 by Plume marks a new era for Korean institutional investment in the real-world asset market, paving the way for enhanced participation and broader financial opportunities. As more institutions look towards the RWA space and the benefits of blockchain technology, Plume is poised to lead the charge, facilitating a seamless transition for investors in Korea and beyond.