Credder, a subsidiary of Itseon, announced on the 27th that it presented on the scalability of real-world assets (RWA) in DeFi at the JSTA general meeting.
At the JSTA year-end general meeting held in Tokyo, Japan on the 18th, Credder CEO Lim Dae-hoon appeared as the last panelist after the blockchain affiliates of global financial companies. JSTA Chairman Masuda emphasized the significance of this presentation, stating that "Credder presented as the representative of RWA companies in Korea."
Credder, a joint venture (JV) established in 2022, is engaged in the business of developing the first 100% physical gold-based RWA tokenization platform in Korea. CEO Lim explained the current status of the RWA business in Korea, the regulatory and business trends related to security tokens (ST), and the independent expansion of DeFi.
After sharing the current status of security token regulations in Korea, Lim introduced the Busan Digital Asset Exchange. He said, "We are discussing cooperation with the city of Busan on RWA to provide attractive products to investors before the launch," and added, "Credder will strive to play a bridging role in the expansion of the RWA market in Korea and Japan."
At the meeting, Boostry under Nomura Securities, Progmat under MUFG Bank, and Securitize Japan under BlackRock also presented on their achievements in the Japanese security token industry, such as building a security token trading infrastructure, the possibility of tokenizing overseas assets in Japan, and selling security token products using intellectual property (IP).
