Won Bonds

Plume

2026-08-13 23:53:33

Plume and Shinhan Asset Management sign MOU to pilot won-denominated tokenized fund

Plume, a real-world asset blockchain, has signed a memorandum of understanding with South Korea’s Shinhan Asset Management to pilot a won-denominated tokenized fund, according to Techub News, citing CryptoBriefing. The planned fund will use short-term won bonds as its underlying assets and will be operated outside South Korea. Shinhan Asset Management is part of Shinhan Financial Group. The project marks another move by a South Korean financial institution into digital assets. The stated aim is to offer local investors an on-chain fixed-income product without taking on foreign-exchange risk. No further details on timeline, structure, or launch size were disclosed in the report.

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South Korea

2026-07-19 03:26:23

South Korea plans broader access to won funding and won-denominated bond collateral for foreign institutions

South Korea’s Finance Ministry said Sunday it plans to let foreign financial institutions borrow the won through temporary overdraft arrangements and use won-denominated bonds as collateral in financial transactions. The measures form part of a broader policy push aimed at encouraging greater use of the Korean won and moving it from a restricted domestic currency toward a more global one. The announcement follows another recent market-opening step: starting July 6, South Korea extended trading hours in the dollar-won market to a 24-hour system. Together, the measures show Seoul continuing to loosen parts of its traditionally closed currency framework as it seeks wider international use of the won. The update was carried by Odaily, citing Jin10.

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