In a pivotal move for Web3 market penetration in South Korea, Orderly Network, a trailblazing cloud liquidity infrastructure solutions provider for decentralized finance (DeFi), has announced a strategic partnership with KODA, the nation’s preeminent cryptocurrency custody company. This collaboration signifies a major stride in unifying traditional finance and DeFi markets, potentially offering Korean investors new benefits and a more secure, accessible, and compliant entry into the digital economy.
KODA, a titan in the South Korean crypto investment scene, was established by major financial bank KB Kookmin and blockchain investment firm Hashed. The company commands an impressive 80% market share in the Korean crypto custody sector and, combined with Orderly Network’s robust cloud-based liquidity solutions, is poised to disrupt how Korean investors interact with digital assets.
One of the key goals of this partnership is to dismantle the barriers associated with decentralized trading platforms and render DeFi more appealing to Korean investors. Thanks to the highly integrable nature of Orderly Network’s products, users can engage with DeFi in a way that mirrors Centralized Exchanges (CEXes), while still enjoying the main benefits of decentralized finance.
In addition, KODA’s secure custody services could provide a solution to the strict regulatory environment in South Korea, offering a stable, compliant bridge between traditional and decentralized finance. As a result, investors in the DeFi space can maximize their investments without compromising on fluidity and security.
Orderly Network’s groundbreaking architecture allows for the integration of liquidity across multiple blockchain networks, enhancing the trading environment by providing deeper liquidity and narrower spreads. The platform ensures users have a wide range of trading opportunities with minimal slippage by consolidating trades across various chains such as Ethereum, Polygon, Solana, among others.
When paired with KODA’s market approach, this infrastructure will enable Korean investors to access DeFi with fewer risks and complications. This alliance ensures that more people, particularly newcomers, can easily enter the DeFi market for investment.
The partnership signals a need for rapid reform in Korea’s digital finance landscape. Jin-Seok Cho, the CEO of KODA, said, “Through our collaboration with the global leading firm, Orderly Network, we aim to play a leading role in ensuring that the domestic digital asset management market develops in a safe and transparent manner.”
Ran Yi, CEO of Orderly Network, also recognized the significance of the partnership, stating that their intention is to bring DeFi to all types of investors. By combining KODA’s security and compliance capabilities with Orderly’s technology, the two companies are well-positioned to guide the region into the era of decentralized finance.
This partnership marks the first step in a broader strategy to nurture DeFi in Korea. Through their collaboration, KODA and Orderly Network aim to provide Korean investors with a smoother, safer, and more compliant entry into the DeFi industry.
