Seoul, South Korea, January 9th, 2025,
Chainwire
Wavebridge, a leading cryptocurrency enterprise
in South Korea, has received official approval from the Korea
Financial Intelligence Unit (KoFIU) as a Virtual Asset Service
Provider (VASP). This regulatory milestone enables Wavebridge to
expand its operations within South Korea, building upon its
existing global presence in the United States, Singapore, and
Lithuania.
Wavebridge has established itself in bridging the gap between
traditional finance and digital assets. The company’s core
offerings include two platforms: Dolfin Global and Dolfin Korea,
designed to meet the needs of institutional and corporate clients
worldwide.
Dolfin Global is a regulated VASP platform based in Lithuania,
operated in compliance with the country’s anti-money laundering
regulations. The platform currently provides virtual asset exchange
services to institutional and corporate clients. In alignment with
the upcoming MiCA (Markets in Crypto-Assets) regulation, Wavebridge
aims to obtain a CASP license by the first half of 2025. With this
license, Dolfin Global plans to expand its services, offering
tailored crypto prime brokerage solutions designed for
corporations, institutional investors, and high-net-worth
individuals.
With South Korea hosting a thriving cryptocurrency ecosystem of
over 40 major players, including centralized exchanges such as
Upbit and Bithumb, Wavebridge is strategically positioning itself
within this rapidly growing market. The forthcoming launch of
Dolfin Korea aims to provide secure and compliant digital asset
services tailored for Korean corporations and institutional
investors. By adhering to South Korea’s stringent regulatory
standards, Wavebridge seeks to enhance cryptocurrency liquidity and
foster a robust financial infrastructure in the region.
“We are committed to delivering globally competitive
cryptocurrency services. With platforms like Dolfin Korea and
Dolfin Global, we are diversifying our business portfolio to drive
innovation worldwide,” said Jongwook Oh, CEO of
Wavebridge.
Wavebridge’s forward-looking strategy reflects its will to
reshape the cryptocurrency landscape, placing emphasis on security,
compliance, and innovation. As the company continues to expand its
operations, it aims to support the evolving needs of the digital
asset market on a global scale.
About Wavebridge
Established in November 2018, Wavebridge is a top-tier
institutional digital asset company with expertise in both
traditional and crypto finance. It connects traditional finance and
digital assets to offer a range of untapped investment
opportunities.
By bridging the gap between digital and traditional finance,
Wavebridge helps you enter the digital asset market in a safe and
convenient way.
Website | LinkedIn
Contact
CIO
Alex
Kang
alex.kang@wavebridge.com