IX Swap’s Rise in South Korea’s RWA Space: A Market Dominated by Keynote Speakerships, Event Sponsorships, and Active Participation.

Why South Korea?

South Korea is rapidly becoming a leader in decentralized finance (DeFi), with digital assets held by Koreans increasing by over 60% in 2022. This growth aligns with broader global trends, as blockchain and DeFi markets are expected to expand at an annual rate of 30% over the next five years. South Korea's tech-savvy population and supportive regulatory environment are key drivers behind this rise.

The country's crypto market is also thriving, with active users on registered exchanges reaching 6.45 million by the end of 2023. Notably, the Korean won (KRW) overtook the US dollar (USD) in crypto trading volume in early 2024, driven by zero-fee policies on Korean exchanges. With over $456 billion in trades, KRW became the most traded fiat currency against cryptocurrencies.

South Korea is also emerging as a leader in tokenizing real-world assets (RWAs) and security token offerings (STOs), with its STO market expected to reach $287 billion by 2030. The country's strong financial infrastructure and widespread blockchain adoption are positioning it at the forefront of the global tokenization movement, reshaping the future of finance and investment.

This is why it comes as no surprise that we find the IX Swap team dominating the South Korean RWA space.
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STO Summit 2024

IX Swap’s presence at the STO Summit Korea solidified its position in the South Korean RWA space. The summit is a premier event bringing together security token exchanges, issuers, startups, investors, financial institutions, and government officials. It serves as a hub for industry experts to explore emerging trends, share knowledge, and discuss the future of security tokens and RWA tokenization.

At the summit, IX Swap CEO and Co-Founder Julian Kwan gave a keynote presentation on the power of tokenization, explaining how it extends beyond traditional crowdfunding models.

Following Julian, IX Swap’s Co-Founder Aaron Ong took the stage to discuss how tokenization democratizes private assets and investments, highlighting IX Swap’s role in helping South Korean issuers connect with a global retail investor base.

KAIA Square Lounge - KSL 2024

This year’s Kaia Square Lounge (KSL), hosted by Kaia (formerly Klaytn), is Kaia's flagship ecosystem event that brings together partners, builders, and Web3 leaders. IX Swap’s participation at KSL demonstrated the strong partnership between the two protocols.

During the event, Julian Kwan showcased real-world use cases of tokenization through the IX Swap and InvestaX platforms, driving home IX Swap’s leadership in the RWA space. With thousands in attendance, the audience left with a clear understanding of how IX Swap and InvestaX are driving the future of tokenized assets.

INF Labs

INF Labs, a blockchain consulting firm and part of the ITCEN Group, focuses on RWA tokenization and Security Token Offerings. They have developed STO platforms for major institutions like Korea Investment & Securities and Hana Securities.

Julian Kwan’s presentation at INF Labs emphasized IX Swap’s transformative impact on the RWA industry, drawing keen interest from venture capitalists and issuers. This presentation further cemented IX Swap’s upward trajectory in the South Korean market.

Korea Blockchain Week - Impact

Korea Blockchain Week is a major annual global event that attracts blockchain and Web3 innovators from around the world. The 2024 edition, held from September 1-7, is expected to host over 10,000 attendees, including institutional investors, developers, and venture capitalists. A key focus of the event is on asset tokenization, stablecoins, and crypto ETFs.

IX Swap’s CEO Julian Kwan took center stage alongside MANTRA’s John Mullin at the flagship IMPACT conference. Together, they delivered a deep dive into “Liquidity Solutions for RWAs,” further enhancing IX Swap’s profile as a leader in this space.

The Future of IX Swap in South Korea

With numerous partnerships, networks, and relationships formed, IX Swap is positioned to dominate the South Korean RWA market. Exciting developments are on the horizon, and the team is eager to share the results of their successful engagements in South Korea. Stay tuned for the next chapter in IX Swap’s journey to reshape the future of tokenized assets.