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Korea Digital Asset Trust (KDAC)

Seoul, KR · founded 2020 · $1B+ AUC

JV between Korbit (Nexon), Shinhan Bank and crypto firms; Korea's first regulated digital-asset trust.

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Data quality
36 / 100
Evidence verified
1 / 5
Last reg check
2026-05-29
Op. status
Active
Seven-dimension profile
Dim · A

Identity & regulatory

Legal entity
Korea Digital Asset Trust (KDAC)
HQ
Seoul, KR
Founded
2020
Primary regulator
FSC / FSS (KR)
Licence
Trust business - Active
Licence ID
FSC Trust Business Approval
Op. status
Active
Scope
Shinhan Bank JV; corporate custody focus.
Jurisdiction limits
KR
Dim · B

Assets & coverage

Chains
BTC, ETH
Asset classes
BTC, ETH, Stables
RWA / security tokens
No
Typical clients
Korean corporates, Funds
Dim · C

Security architecture

Key model
HSM
Cold storage
100%
Wallet topology
Tiered hot / warm / cold
Dim · D

Governance & controls

Policy engine
Role-based approvals + quorum
Travel Rule
FSC compliant
Sub-custodians
Disclosed under NDA
Dim · E

Insurance & risk

Limits
Limits under NDA
Carrier
Korean Re
Staking cover
No
Dim · F

Integration & ops

APIs
REST
Settlement SLA
T+0 internal
Proof-of-reserves
On-request
Dim · G

Commercials

Custody fee
Bank fee schedule
AUC bucket
$1B-$10B
Minimum term
12 months
Evidence vault

Source-anchored documents

1 / 5 verified
  • FSC / FSS registration
    FSC Trust Business Approval
    Verified
  • SOC 2 / ISAE 3000 attestation
    Independent attestation
    Pending
  • Insurance binder
    Korean Re
    Pending
  • Proof-of-reserves cadence
    On-request
    Pending
  • Penetration test
    Annual third-party
    Pending
Last regulator / audit / insurance refresh: 2026-05-29