(Yonhap Interview) Ethereum Institutional welcomes S. Korea's push to build tokenized asset infrastructure: co-founder
SEOUL, Sept. 8 (Yonhap) -- Ethereum Institutional welcomes South Korea's latest ...
Ethereum Institutional welcomes South Korea's initiative to incorporate tokenized security offerings (STOs) into the country's formal capital market framework. Matthew Dawson, co-founder of Ethereum Institutional, expressed enthusiasm for supporting institutions planning to adopt its network during an exclusive interview with Yonhap News Agency.
The co-founder believes this is an ideal time for Korean institutions to define their digital asset strategy, given the upcoming regulatory clarity. Ethereum Institutional supports institutions seeking to launch assets on the ethereum ecosystem, which is the second-largest blockchain network globally after Bitcoin. The South Korean Financial Services Commission (FSC) recently unveiled a three-step roadmap to expand STOs beyond fractional investment products into conventional securities like stocks, bonds, and funds.
Dawson stated that Ethereum Institutional will provide support as institutions deploy the tokenized assets. He also praised South Korea as a "powerhouse in both finance and technology," highlighting its robust developer community and ability to build traditional financial institutions as well as fintech and neo-banks.
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