Optimism partners with Dunamu, Toss and DB Securities in South Korea

DB Securities has signed an MOU with Optimism to build security token offering and real-world asset infrastructure in Jeju using the OP Stack, extending the project’s broader South Korea push.

ETH
OP

Summary

Optimism is expanding in South Korea through work with Upbit operator Dunamu, fintech platform Toss and DB Securities. DB Securities has now signed a Memorandum of Understanding with Optimism to build security token offering and real-world asset infrastructure in Jeju using the OP Stack. The broader cooperation also includes upgrading and internationalizing Dunamu’s GIWA blockchain, validating won-based digital finance infrastructure, and commercializing Jeju smart agriculture, livestock assets and Korean intellectual property as token securities and real-world assets. The move underscores a wider effort to connect Ethereum Layer 2 technology with local financial infrastructure and asset tokenization initiatives in South Korea.

Terms & Concepts
  • OP Stack: Optimism’s modular framework for building blockchain networks and applications.
  • security token offering: A fundraising or issuance model using blockchain-based tokens that represent regulated securities.
  • real-world assets: Off-chain assets tokenized for use on blockchain networks.