logo
    • Buy Crypto
    • Markets
    • Futures
    • Spot
    • Earn
    • Affiliates & AI
    • More
    1. WEEX
    2. Crypto News
    3. Shinhan Financial Group Partners with Solana for KRW Tokenized Fund Verification

    Shinhan Financial Group Partners with Solana for KRW Tokenized Fund Verification

    By: nextmoney.jp|2026/08/24 07:00:23
    0
    Share
    copy
    Prefer us on GooglePrefer us on Google
    ORCAORCA
    00.00%--
    SOLSOL
    00.00%--
    NOTNOT
     

    Shinhan Asset Management, part of South Korea's Shinhan Financial Group, has signed a memorandum of understanding (MOU) with the Solana Foundation, infrastructure company Etherfuse, and decentralized exchange Orca to conduct a proof-of-concept experiment.

    In a breaking news update, Shinhan Asset Management is building a KRW tokenized fund on Solana, modeled after BlackRock's BUIDL. The MOU among Solana Foundation, @etherfuse, and @orca_so targets the current $36 billion tokenized RWA market, which BCG predicts will reach $30 trillion by 2030.

    Utilizing the public blockchain Solana, the project aims to verify the issuance and distribution model of a KRW tokenized fund aimed at overseas institutional investors. The planned fund will be backed by ultra-short-term bonds denominated in Korean won managed by Shinhan. It follows the structure of BlackRock's tokenized fund "BUIDL," managing investment shares tokenized on the blockchain.

    The proof-of-concept will not only involve token issuance but also ensure on-chain liquidity, security audits, and compliance with domestic and international regulatory standards, including KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures, covering the entire lifecycle from account opening to operation.

    Proactive Approach Ahead of 2027 STO Legalization

    This initiative is not aimed at immediate commercial sales but at establishing an operational framework in anticipation of market entry post-institutionalization.

    In the South Korean National Assembly, a bill related to Security Token Offerings (STOs) has been passed and announced, with a preparation period set for implementation in February 2027.

    Lee Seok-won, CEO of Shinhan Asset Management, has expressed the desire to quickly enter the market upon the enforcement of the regulations and to lead the domain of won-denominated digital finance.

    Expanding RWA Market and Financial Institutions' Participation

    The tokenization market for RWA (real-world assets) is experiencing rapid global growth. According to industry data, the RWA market, excluding stablecoins, has surpassed $36 billion (approximately 5.7 trillion yen) and is projected to reach several trillion dollars in the future. In South Korea, the Ministry of Economy and Finance is conducting proof-of-concept experiments for deposit tokens, advancing technical verification with public and private sector collaboration.

    Shinhan Group, with approximately 133 trillion won (about 15 trillion yen) in managed assets, embarking on verification based on Solana is likely to be a significant step for traditional financial institutions in developing the on-chain market.

    -- Price

    --
    --
    --

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

    You may also like

    152 Wallets Earn $8 Million in Polymarket Military Betting

    152 Wallets Earn $8 Million in Polymarket Military Betting

    A total of 152 wallets focused on military and defense events in the prediction market Polymarket have reportedly earned a total profit of $8 million (approximately 1.11 billion KRW).
    Exchange for New Crypto Listings: Where Coins Appear Faster, How Much It Costs to Enter, and How to Read Risk Labels

    Exchange for New Crypto Listings: Where Coins Appear Faster, How Much It Costs to Enter, and How to Read Risk Labels

    If you need an exchange for new crypto listings, the main task is not just to find the fastest platform, but to understand where early access combines with clear fees, public risk rules, and a real opportunity to exit a position. For active traders outside the US and the UK, MEXC stands out the most...
    The Long Tail Phenomenon of the Korean Exchange: Why is the Coin Listing Effect So Prominent?

    The Long Tail Phenomenon of the Korean Exchange: Why is the Coin Listing Effect So Prominent?

    Orca: Vercel potential leaked keys and deployment credentials have been rotated, protocols and user funds are unaffected

    Orca: Vercel potential leaked keys and deployment credentials have been rotated, protocols and user funds are unaffected

    Orca posted on the X platform that its frontend is hosted on the cloud hosting platform Vercel. In response to the Vercel security incident, all potentially leaked keys and deployment credentials have been rotated out of caution. Orca's on-chain protocol and user funds were not affected. The officia...
    Orca CEO: Not affected by the Drift attack incident, user funds are safe

    Orca CEO: Not affected by the Drift attack incident, user funds are safe

    Michael Hwang, CEO of the Solana liquidity protocol Orca, tweeted that Orca was not affected by the Drift attack incident and that user funds are safe. Its smart contracts have been audited by four independent auditing firms, and operational security (Opsec) measures have recently been reviewed by e...
    U.S. Oil (USOR) Price Prediction 2026–2030

    U.S. Oil (USOR) Price Prediction 2026–2030

    Key Takeaways U.S. Oil (USOR) is a speculative Solana-based crypto project that aims to index the United States…

    bbSOL TVL Surpasses $500 Million, Enters Solana's Top 10

    bbSOL TVL Surpasses $500 Million, Enters Solana's Top 10

    BlockBeats News, September 12th, according to DefiLlama data, the Total Value Locked (TVL) of the Solana liquidity staking token bbSOL has exceeded $500 million, ranking in the top 10 on Solana.bbSOL was launched by Bybit on September 5, 2024, aiming to provide users with an efficient SOL liquidity ...
    Orca Launches Wavebreak Testnet Token Issuance Platform

    Orca Launches Wavebreak Testnet Token Issuance Platform

    BlockBeats News, September 7th, Solana liquidity protocol Orca announced the launch of its token issuance platform Wavebreak's testnet, integrating CAPTCHA with on-chain permission structure to prevent bots and snipers from front-running real users.Wavebreak offers proprietary anti-bot technology, p...
    Dark Pool DEX HumidiFi will launch its ICO on December 3rd on Jupiter

    Dark Pool DEX HumidiFi will launch its ICO on December 3rd on Jupiter

    BlockBeats News, November 26th, according to official sources, the Dark Pool DEX project HumidiFi (WET) will launch its ICO on Jupiter's Decentralized Token Formation (DTF) platform on December 3rd, with specific ICO details yet to be revealed.According to Defillama data, in the past 24 hours, Humid...
    Orca Council Releases Governance Proposal to Buy Back ORCA with up to 55,000 SOL

    Orca Council Releases Governance Proposal to Buy Back ORCA with up to 55,000 SOL

    BlockBeats News, August 7th, the Orca Council has released a governance proposal to repurchase ORCA using up to 55,000 SOL and stake it to a validator node. During a 5-day voting period followed by a 2-day cooldown period, ORCA token holders can submit veto votes. Proposal details:· Fund Size: All S...
    Shein Debuts on the Hong Kong Stock Exchange, Aiming to Raise Over $1.7 Billion

    Shein Debuts on the Hong Kong Stock Exchange, Aiming to Raise Over $1.7 Billion

    The company reaches a valuation of $26.8 billion, a figure lower than in 2022. It plans to use the funds to finance its technological capabilities and strengthen its international presence. Criticism.
    Can x402 Micro-Payments Save the Content Internet from Being Squeezed?

    Can x402 Micro-Payments Save the Content Internet from Being Squeezed?

    Transparency Act: Bernstein Anticipates New Decline in Crypto Market Due to Delay in Legislation

    Transparency Act: Bernstein Anticipates New Decline in Crypto Market Due to Delay in Legislation

    The Transparency Act remains the main regulatory event for the U.S. crypto industry: Bernstein believes that if the law does not pass by 2026, the digital asset market could face another blow, although American regulators, according to the broker, will try to close the gaps with rules more quickly.
    Institutional Cryptocurrency Trading Reaches Record 72%: Major Players Smooth Market Volatility

    Institutional Cryptocurrency Trading Reaches Record 72%: Major Players Smooth Market Volatility

    Institutional cryptocurrency trading has reached a new high: according to Wintermute, in the first half of 2026, professional participants accounted for about 72% of the spot volume in the company's over-the-counter segment. Cryptocurrency is becoming less dependent on impulsive retail trading, and ...
    Interview with a Renowned Crypto Analyst: Don't Expect Precise Bottom Calls, the 200-Week Moving Average Remains a Good Investment Opportunity

    Interview with a Renowned Crypto Analyst: Don't Expect Precise Bottom Calls, the 200-Week Moving Average Remains a Good Investment Opportunity

    Bitcoin Ripped 20% Toward $80K — Is $100K Next, or Is a Brutal Retest Coming?

    Bitcoin Ripped 20% Toward $80K — Is $100K Next, or Is a Brutal Retest Coming?

    Bitcoin tore through the mid-$60,000s, cleared $70,000, blew past $75,000, and briefly touched $79,000+ before easing back to around $77,000 — a 20%+ move in a single week. The mood across crypto flipped almost overnight. But a violent rally is only the opening act. The more explosive the move, the more it calls for a clear, calm mind.

    $638 Billion in Remaining Obligations Increases AI Credit Burden

    $638 Billion in Remaining Obligations Increases AI Credit Burden

    Investment in AI infrastructure is shifting from expectations of growth in tech stocks to a phase where long-term contracts and credit burdens are being considered together. Oracle's Remaining Performance Obligations (RPO) surge, OpenAI's long-term computing agreements, and data center power contrac...
    $400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares

    $400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares

    Digital Currency X shareholders will vote Sept. 3 on a 160-for-1 reverse stock split and a reset to 3 billion authorized shares.
    The Government awarded eight road corridors of nearly 4,000 km and advances with the concession of national routes for 20 years

    The Government awarded eight road corridors of nearly 4,000 km and advances with the concession of national routes for 20 years

    The measure was formalized through Resolution 1379/2026. The corridors total more than 3,900 kilometers and were awarded to various consortia and private companies. The concession includes construction, maintenance, and operation through tolls.
    Current Top Cryptocurrencies: The Second Ten Digital Assets Changing the Market

    Current Top Cryptocurrencies: The Second Ten Digital Assets Changing the Market

    The current top cryptocurrencies are increasingly resembling a map of new financial infrastructure rather than a list of hype coins: here, not only price and market capitalization matter, but also the real utility for users, businesses, and decentralized financial services. The market capitalization...
    From the Human Brain to the Battlefield: MSX Pre-IPO Phase III Introduces Neuralink and Anduril, Betting on the Next Frontier of AI

    From the Human Brain to the Battlefield: MSX Pre-IPO Phase III Introduces Neuralink and Anduril, Betting on the Next Frontier of AI

    The Moon May Hide Accessible Ice for Future Space Missions

    The Moon May Hide Accessible Ice for Future Space Missions

    The Chang'e-7 mission aims to investigate the presence and distribution of water ice at the Moon's south pole using a hopping explorer designed to reach difficult terrains and shadowed craters.
    Trump to Award the Space Medal of Honor to the Artemis II Crew

    Trump to Award the Space Medal of Honor to the Artemis II Crew

    The Artemis II crew will be honored for their historic journey around the Moon, the first crewed mission beyond low Earth orbit since 1972. The ceremony, led by Donald Trump, will take place at the Johnson Space Center, although official information leaves open a question about the recognition of Je...
    The Thunder-RS Engine Completes a Second 100-Second Static Test

    The Thunder-RS Engine Completes a Second 100-Second Static Test

    The Thunder-RS engine completed a second static ignition test lasting 100 seconds, achieving a thrust of 1,297.5 kilonewtons, according to reports from China Daily and China.org.cn. The test represents an engineering advance, but does not, by itself, demonstrate orbital capability or that the system...
    Solana Burn Surges to 87,000 SOL: Does This Change Token Scarcity?

    Solana Burn Surges to 87,000 SOL: Does This Change Token Scarcity?

    MicroCloud Hologram Invests $16 Million for Indirect Exposure to Bitcoin

    MicroCloud Hologram Invests $16 Million for Indirect Exposure to Bitcoin

    Top Tokenized Stocks to Watch in 2026: NVDA, RDDT, SPCX, SNDK, SKHY and Unitree

    Top Tokenized Stocks to Watch in 2026: NVDA, RDDT, SPCX, SNDK, SKHY and Unitree

    Top Tokenized Stocks to Watch in 2026: NVDA, RDDT, SPCX, SNDK, SKHY and Unitree
    Grayscale's Interpretation of Zcash: How Much is Financial Privacy Worth in the Age of AI?

    Grayscale's Interpretation of Zcash: How Much is Financial Privacy Worth in the Age of AI?

    "Quite Depressing": Traveler Shares His Perception of BTC Adoption in Bitcoin Beach

    "Quite Depressing": Traveler Shares His Perception of BTC Adoption in Bitcoin Beach

    Can Bitcoin Redefine Ownership?

    Can Bitcoin Redefine Ownership?

    152 Wallets Earn $8 Million in Polymarket Military Betting

    A total of 152 wallets focused on military and defense events in the prediction market Polymarket have reportedly earned a total profit of $8 million (approximately 1.11 billion KRW).

    Exchange for New Crypto Listings: Where Coins Appear Faster, How Much It Costs to Enter, and How to Read Risk Labels

    If you need an exchange for new crypto listings, the main task is not just to find the fastest platform, but to understand where early access combines with clear fees, public risk rules, and a real opportunity to exit a position. For active traders outside the US and the UK, MEXC stands out the most...

    The Long Tail Phenomenon of the Korean Exchange: Why is the Coin Listing Effect So Prominent?

    Orca: Vercel potential leaked keys and deployment credentials have been rotated, protocols and user funds are unaffected

    Orca posted on the X platform that its frontend is hosted on the cloud hosting platform Vercel. In response to the Vercel security incident, all potentially leaked keys and deployment credentials have been rotated out of caution. Orca's on-chain protocol and user funds were not affected. The officia...

    Orca CEO: Not affected by the Drift attack incident, user funds are safe

    Michael Hwang, CEO of the Solana liquidity protocol Orca, tweeted that Orca was not affected by the Drift attack incident and that user funds are safe. Its smart contracts have been audited by four independent auditing firms, and operational security (Opsec) measures have recently been reviewed by e...

    U.S. Oil (USOR) Price Prediction 2026–2030

    Key Takeaways U.S. Oil (USOR) is a speculative Solana-based crypto project that aims to index the United States…

    ...
    One account, every market
    Trade stocks, gold, oil and more!
    One account, every marketTrade now

    Contents

    orca

    Latest articles

    08/24/2026

    Shinhan Financial Group Partners with Solana for KRW Tokenized Fund Verification

    ORCAORCA
    00.00%--
    SOLSOL
    00.00%--
    08/24/2026

    Exchange for New Crypto Listings: Where Coins Appear Faster, How Much It Costs to Enter, and How to Read Risk Labels

    If you need an exchange for new crypto listings, the main task is not just to find the fastest platform, but to understand where early access combines with clear fees, public risk rules, and a real opportunity to exit a position. For active traders outside the US and the UK, MEXC stands out the most...
    MOVEMOVE
    00.00%--
    ORCAORCA
    00.00%--
    JSTJST
    00.00%--
    SNTSNT
    00.00%--
    07/21/2026

    The Long Tail Phenomenon of the Korean Exchange: Why is the Coin Listing Effect So Prominent?

    CROSSCROSS
    00.00%--
    AZTECAZTEC
    00.00%--
    ORCAORCA
    00.00%--
    03/30/2026

    U.S. Oil (USOR) Price Prediction 2026–2030

    Key Takeaways U.S. Oil (USOR) is a speculative Solana-based crypto project that aims to index the United States…

    RAYRAY
    00.00%--
    BTCBTC
    00.00%--
    SOLSOL
    00.00%--
    ORCAORCA
    00.00%--
    08/24/2026

    Shein Debuts on the Hong Kong Stock Exchange, Aiming to Raise Over $1.7 Billion

    The company reaches a valuation of $26.8 billion, a figure lower than in 2022. It plans to use the funds to finance its technological capabilities and strengthen its international presence. Criticism.
    GASGAS
    00.00%--
    More

    Latest coin listings on WEEX

    logoCommunity
    iconiconiconiconiconiconicon
    Customer Support:@weikecs
    Business Cooperation:@weikecs
    Quant Trading & MM:bd@weex.com
    VIP Program:support@weex.com
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Customer Support Bot
    • VIP Services
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Customer Support Bot
    • VIP Services
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE

    Where new wealth is made

    Download app

    Sign Up
    h5 logo
    Download