Binance is accelerating its expansion in South Korea through its holding company, the South Korean exchange GOPAX.

According to the Korea Times, Binance is accelerating its expansion in South Korea through its holding company, the South Korean exchange GOPAX, with plans to focus on institutional clients and payment infrastructure development in 2026. Binance's Asia Pacific head stated that the company will support institutional fund management and cross-border stablecoin settlements, and will continue to advance investor compensation for GOPAX's GOFi product. Approximately 130 billion won (US$90.52 million) in compensation funds have been disclosed so far, but final settlement is still subject to regulatory and corporate governance procedures.