Busan Digital Asset Exchange Honored with Global Awards for Blockchain Innovation

Busan Digital Asset Exchange (BDan) has achieved significant recognition in the blockchain space, earning the prestigious Global Management Award and the Minister of Science and ICT Award at the ‘2025 National Consensus Awards.’ This accolade underscores BDan’s pioneering work in digitizing real-world assets (RWA) and its commitment to building a robust digital finance ecosystem.

Pioneering South Korea’s First Government-Backed Digital Asset Exchange

As South Korea’s first digital asset exchange supported by a local government initiative yet operated entirely through private capital, BDan continues to set industry benchmarks. It stands as the sole domestic platform leveraging 4th-generation blockchain technology to digitize and trade real-world assets. The platform currently facilitates transactions for seven precious metals, including gold and silver, cementing its reputation as a transformative player in the digital asset sector.

Promoting Blockchain Adoption Through Strategic Partnerships

BDan’s innovation extends beyond asset digitization as it forms key partnerships to drive blockchain adoption. Collaborating with Naver Pay and blockchain investment firm Hashed, BDan is developing "Bidan Pocket," a next-generation web3 digital wallet. This initiative is designed to integrate blockchain solutions seamlessly into daily life, laying the groundwork for a global blockchain-powered city. By fostering industrial ecosystems and enhancing urban infrastructure, BDan aims to position Busan as a leader in blockchain technology.

Expanding Global Presence with Target 2026 Blockchain City Busan

In its bid to solidify its role as a global blockchain leader, BDan recently signed a memorandum of understanding (MOU) with the Securities and Exchange Regulator of Cambodia (SERC). This agreement focuses on exporting Busan’s "Target 2026 Blockchain City" urban development model to Cambodia. Such international collaborations reinforce Busan’s position as a growing hub for digital finance and a role model for blockchain-centric urban innovation.

Leadership in Blockchain Infrastructure Development and RWA Exchange

The accolades BDan received at the National Consensus Awards reflect its unmatched expertise in driving blockchain adoption on a global scale. Its contributions to the export of blockchain infrastructure, the development of real-world asset-backed exchanges, and its focus on cultivating cutting-edge digital finance ecosystems have earned the trust and admiration of both the industry and the public.

CEO's Vision for Democratizing Investment Opportunities

BDan CEO Kim Sang-min highlighted the transformative potential of blockchain-based investments. “As digitized real-world asset investments expand, financial opportunities that were once exclusive to a select few will become accessible to everyone,” Kim stated. “Our vision is to establish Busan and South Korea as global leaders in blockchain and digital finance, driving a new era of inclusive economic growth.” Kim further emphasized BDan’s dedication to paving the way for the expansion of the global digital economy.

Solidifying Busan’s Role as a Global Blockchain Capital

Through innovative projects, strategic collaborations, and its forward-thinking vision, BDan continues to distinguish itself as a catalyst for blockchain innovation. Its achievements not only spotlight the company as an industry leader but also reinforce Busan’s status as a trailblazer in blockchain technology. As BDan advances the boundaries of what blockchain can achieve, it propels Busan closer to becoming a globally renowned blockchain city.