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Injective and BDACS strike deal to settle tokenized assets in won
Published Source: CryptoPolitanRead original
Crypto Insight Summary: Injective and South Korean custody firm BDACS have agreed to make the won-backed stablecoin KRW1 the only won settlement asset for tokenized real-world assets on Injective’s network. The two firms announced the deal on October 20, 2026. It gives Korean institutions a way to trade tokenized assets in won instead of relying on dollar stablecoins. ... Crypto Insight Analysis: Direction: Bullish INJ Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Partnership expands Injective's institutional reach in South Korea, boosting network activity.