Plume and Shinhan Put The Korean Won To The Tokenization Test
Shinhan Asset Management has signed an MOU with Plume Network (@plumenetwork) for a KRW-denominated tokenized fund PoC.
The pilot will use Shinhan’s KRW ultra-short-term bond funds as underlying assets. Plume will test tokenization, distribution and compliance infrastructure for offshore markets.
According to the press release, the companies will benchmark BlackRock’s BUIDL model during the demonstration. The PoC will test KYC, AML and whitelist-based transfer restrictions.
The project does not involve actual issuance or distribution at this stage.
$PLUME
Shinhan Asset Management has signed an MOU with Plume Network (@plumenetwork) for a KRW-denominated tokenized fund PoC.
The pilot will use Shinhan’s KRW ultra-short-term bond funds as underlying assets. Plume will test tokenization, distribution and compliance infrastructure for offshore markets.
According to the press release, the companies will benchmark BlackRock’s BUIDL model during the demonstration. The PoC will test KYC, AML and whitelist-based transfer restrictions.
The project does not involve actual issuance or distribution at this stage.
$PLUME