KODA, the largest custody provider in South Korea, has integrated Core, the first Bitcoin scaling blockchain, to expand institutional adoption of Bitcoin yield products. This marks a significant step in expanding access to secure and scalable blockchain solutions for Korean institutions. Core is built to unlock Bitcoin staking, with over 6,000 BTC staked since launching in April 2024. The integration is live, and Core is excited about its continued expansion in the Korean market.
The integration of Core, the first Bitcoin scaling blockchain, by KODA, the largest custody provider in South Korea, marks a significant milestone in the country's burgeoning digital asset market. This development underscores the growing institutional interest and adoption of Bitcoin staking in Korea [1].
KODA's support for Core, which is built on a Proof of Stake (PoS) layer and is the largest Bitcoin DeFi ecosystem, signifies a crucial step forward in expanding Bitcoin DeFi in the region. With this integration, KODA's users will gain access to CORE, the native token of the Core blockchain, and contribute to the development of regulated Bitcoin staking services in the Korean market.
South Korea has long been a global leader in cryptocurrency adoption, with its retail traders driving market trends and exchanges processing billions in daily volume. However, institutional interest and adoption in the country have been on the rise, making KODA's integration with Core a timely move [1].
This collaboration between KODA and Core is expected to unlock new opportunities for institutional Bitcoin yield, enhancing the scalability and utility of Bitcoin for institutional investors in Korea. KODA's commitment to providing innovative solutions for institutions to securely manage and utilize digital assets aligns with Core's mission to expand access to secure and scalable blockchain solutions for Korean institutions [1].
The integration of Core by KODA is a significant step forward in the development of the digital asset market in South Korea, setting the stage for greater adoption and innovation in the space. With KODA's support, institutional investors in Korea can now engage with Bitcoin in a more efficient and regulatory-compliant manner.
References:
[1] GlobeNewswire. (2025, March 21). KODA Integrates with Bitcoin-Staking Chain Core, Paving the Way for Increased Institutional Adoption in Korea. Retrieved from https://www.globenewswire.com/news-release/2025/03/21/3047366/0/en/KODA-Integrates-with-Bitcoin-Staking-Chain-Core-Paving-the-Way-for-Increased-Institutional-Adoption-in-Korea.html
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