[The Korean virtual asset industry is preparing behind the scenes for institutional market entry] Golden Finance reported that the Korean virtual asset industry is preparing behind the scenes for institutional market entry. Currently, the Korean authorities prohibit financial companies from storing and investing in virtual assets through shadow supervision, but the strategy is to continue when the market opens in the future. Industry insiders revealed on the 22nd that KB Kookmin Bank has partnered with Haechi Labs and Hashed to establish a joint venture company, Korea Digital Asset (KODA). Shinhan Bank and NH Nonghyup Bank have made strategic investments in KDAC and Cardo, respectively. Consignment business is a service for financial institutions to store and manage customer financial assets in the traditional financial field. Institutions that handle large amounts of funds hold their assets in custody to prevent risks such as theft. When institutions officially enter the virtual asset market, consignment work is expected to become an indispensable service. Cho Jin-seok, director of KODA, said that all companies, including general companies for investment purposes, foundations that have listed or are preparing to list virtual assets on exchanges, P2E games or NFTs, can be customers.