BDACS Unveils Cutting-Edge Prime Custody Solution at Korea Blockchain Week 2025

BDACS, a prominent digital asset custody provider, strategically enhanced its influence in the blockchain and finance sectors by serving as a main sponsor at "Korea Blockchain Week 2025" (KBW 2025). During this pivotal event, held at the Walkerhill Hotel in Seoul from September 22 to 24, BDACS introduced its groundbreaking Prime Custody Solution, tailored specifically for institutional investors and financial institutions.

Collaboration with Woori Bank and Institutional Emphasis

In a significant partnership, BDACS joined forces with Woori Bank to sponsor KBW 2025’s "Institutional Stage," an exclusive forum dedicated to addressing key trends, challenges, and solutions facing institutional stakeholders. The segment focused on navigating a post-digital transformation environment and featured thought leadership designed to empower financial institutions preparing for the next phase of global finance.

As co-main sponsors of the Institutional Stage, BDACS and Woori Bank unveiled a strategic roadmap, providing valuable insights into the evolving financial landscape. A key highlight of this partnership was BDACS’s debut of its institution-centric Prime Custody Solution, marking the product’s first official launch in South Korea.

Prime Custody Solution: Enhancing Institutional Confidence

Kim Takjong, Co-Founder and Chief Strategy Officer of BDACS, described the innovative solution’s importance, stating, “The Prime Custody Solution by BDACS is engineered to ensure institutional clients can engage with the digital asset markets in a secure and confident manner. This infrastructure offers seamless access to KRW and USD stablecoins, enabling efficient asset distribution across both domestic and international financial markets.”

With its robust design, the Prime Custody Solution addresses the pressing demands of institutional stakeholders for scalability, compliance, and security in digital asset management. The product exemplifies BDACS’s dedication to fostering trust and facilitating systemic integration between conventional financial systems and blockchain technology.

BDACS Pioneers KRW Stablecoin

Further cementing its position as a leader in digital finance innovation, BDACS showcased the Proof of Concept (PoC) for KRW1, a groundbreaking KRW-backed stablecoin. Designed to operate entirely within South Korea’s regulatory frameworks, KRW1 is fully collateralized by Korean won secured within one of the country’s top-tier commercial banks.

Ryu Hongyeol, CEO of BDACS, elaborated on the project’s significance, stating, “KRW1 represents BDACS’s commitment to establishing a secure, robust stablecoin ecosystem. Unlike speculative discussions in the industry, BDACS has methodically prepared and today proudly reveals a tangible, compliant solution."

Ryu continued, emphasizing the company’s broader vision, "BDACS is dedicated to positioning South Korea as a global leader in digital finance by spearheading innovation in areas including custody solutions and stablecoin ecosystems. This marks a transformative step toward South Korea becoming a pivotal hub in global digital finance."

Advancing South Korea’s Digital Finance Leadership

BDACS’s dual launch of the Prime Custody Solution and KRW stablecoin not only underscores its focus on empowering institutional market participants but also highlights the firm’s mission to redefine South Korea’s role in global digital financial innovation.

By seamlessly bridging traditional financial systems with blockchain advancements, BDACS is reinforcing its commitment to enhancing digital asset accessibility and fostering secure, compliant ecosystems. As the company continues pushing the boundaries of asset custody and digital currency solutions, its contributions will undoubtedly shape the future of South Korea’s position in the blockchain-powered financial landscape.

Through strategic sponsorships, innovative product launches, and bold leadership, BDACS continues to pave new pathways in digital asset management and regulatory-compliant financial solutions, offering unprecedented opportunities for institutional and global investors alike.