Seoul, Zuid -Korea, March 21, 2025 (Globe Newswire) – KodaThe largest guardianship provider in South Korea has integrated Core -Bitcoin’s first proof of interest (POS) and the largest Bitcoin -Defi Ecosystem, making it the first Bitcoin -Scale Blockchain Koda support. This development underlines the growing momentum of Bitcoin removal in an important crypto-active market.
For years, Korea is a powerhouse in the adoption of Crypto. See Korean exchanges billions of daily volumeAnd the retail traders of the country form the global prize trends. And now institutional interest and adoption in Korea are increasing, where Koda settles as the market leader.
With this integration, users get access to core, the native token of the core blockchain, while also contributing to the development of regulated Bitcoin stake services on the Korean market via Koda and Core as the regulatory landscape matures.
Why this is great
Koda’s integration means that the core is now supported by the leading custodian Korea. Koda, who already supports important block chains such as BNB chain, base, polygon and Solana, now integrates his first Bitcoin-Scaling chain. This is an important step forward in expanding Bitcoin Defi in Korea, making it a scene for more acceptance and innovation in space.
“Koda heeft zich gevestigd als een pionier in de institutionele ruimte, met volledig gelicentieerde en innovatieve oplossingen voor instellingen in Korea. We zijn verheugd om samen te werken met zo’n vertrouwde en vooruitstrevend bedrijf om de kern te introduceren tot de regio-en op tijd ontgrendelt nieuwe kansen voor instituties,” zei deze samenhang voor korrelige blockchain-instellingen voor Korean, “, zei deze samenhang voor Korean settings for Korean, “this said. Brendon Sedo, initial contribution to the core
“As a leading supplier of secure and trusted digital guardianship services for institutional investors in Korea, Koda is delighted to collaborate with Core to extend Bitcoin -based yield options.
This integration marks an important milestone in improving the scalability and usefulness of Bitcoin, allowing institutional investors in Korea to deal with Bitcoin in a more efficient and regulatory way.
Koda continues to be committed to offering innovative solutions with which institutions can safely manage and use digital assets. “
– Jin-seok Cho, CEO of Korea Digital Asset (Koda)
Bitcoin sets off on the horizon
Core was built to unlock Bitcoin deploySomething that was previously only possible via centralized platforms. Since the launch of the offer in April 2024, more than 6,000 BTC with core has been deployed.
With the integration of Koda, Korean institutions will soon have the opportunity to explore Bitcoin yield that is driven by the core – directly, without waiting for their BTC control.
What will come afterwards?
The integration is Live and Core is enthusiastic about its continuous expansion on the Korean market
- Core is currently mentioned on Bithumb, so that access to the local market can use the core and access on chain products
- Preparation for possible regulatory changes in the region that could have institutions access to setting up products with trusted preservators such as the institutional driveway for Bitcoin revenue in the region.
Based on recent developments South Korea is preparing to relax The restrictions on crypto -trade for institutional investors, which indicates a potential significant shift in the approach of the country to digital assets regulations.
Although institutional investors are not explicitly forbidden, banks in Korea are limited to open on behalf of Crypto -trading accounts. This integration comes at a crucial moment, as the country is preparing for Unlock Institutional Crypto Investments with new guidelines owed Q3.
Core offers investors a safe and sustainable way to safely earn the yield on their bitcoin. Industry leaders such as Bitgo, Hashhnote, Maple and Copper have put their confidence in the core. Moreover, this development will access to LSTBTC, The liquid deployment, yielding token was launched on 17 February by a collaboration between Kern and Esdoorn.
Read for a deeper dive in the state of Bitcoin and the growing adoption. Core’s last report, BTC proceeds for institutions“ Through reflexivity research.
About Core
Core is a powerful EVM-Laag-1 blockchain protected by Bitcoin, which unlocking institutional yield options by Bitcoin. Bitcoin holders protect the core to earn core blocks and transaction costs. In collaboration with top treatments and asset managers, Core improves the capital efficiency and programmability of Bitcoin.
Core Powers Innovative products such as LSTBTCallowing Bitcoin holders to earn yield without liquidity or safety, the proceeds-bearing BTC ETP from Valor. Currently ranked #15 in TVL on-chain and #9 In UAW, Core is also one of the fastest growing block chains and a leader in institutional Bitcoin innovation.
About Koda
Korea Digital Asset (Koda is a leading custodian of digital assets in South Korea and offers storage for institutional and business investors. Koda is supported by large shareholders, including KB Kookmin Bank (the largest financial institution of Korea), Hashed (a blockchain-oriented investment firm), Altos Ventures and Samsung Asset Management (Korea’s No.1 ETF manager).
Koda provides the highest security level through cold wallet storage, multi-signature protection and internal checks that are equivalent to top-level top-level-level settings and offers institutional investors a safe and reliable solution for digital assets management.
