South Korea’s virtual asset market is shifting from retail trading toward institutional digital finance, Andrew Park, CEO of FactBlock and organizer of Korea Blockchain Week, said. Financial authorities are considering corporate virtual asset accounts for approximately 3,500 listed companies and professional investors, a change that could expand institutional capital, liquidity and market stability. The National Assembly is also preparing revisions to the Electronic Securities Act and the Capital Markets Act to establish rules for tokenized assets and security tokens. Separately, the Bank of Korea has completed the first phase of Project Hangang, its central bank digital currency pilot, and plans a second phase for institutional participants by the end of 2026. The transition could strengthen investor protections and the credibility of digital finance, while raising questions about market structure, oversight and the balance between innovation and regulation.