Flowra, KorDA sign 12-month MOU for gold-backed Solana validator model

  • Flowra and KorDA signed a 12-month MOU to study KGLD-backed Solana validator financing.
  • Tokenized gold’s market capitalization has surpassed $6 billion, the companies said.
  • Flowra and KorDA plan to assess regulatory requirements in 2026 before launching FKDP.

Flowra Ltd. and Korea Gold Exchange Digital Asset Co. (KorDA) signed a 12-month memorandum of understanding to examine whether KGLD, a gold-backed digital asset managed by KorDA or an authorized affiliate, can serve as collateral for SOL used in Solana validator operations. Under the proposed model, the secured SOL would be delegated to eligible validators running on Flowra infrastructure. The companies plan to assess regulatory requirements in 2026 before launching the potential Flowra-KorDA Delegation Program (FKDP), which could source SOL from institutional investors, lending providers and the Solana Foundation. The initiative comes as tokenized gold's market capitalization exceeds $6 billion, driven by institutional demand, central-bank gold purchases and geopolitical uncertainty. Flowra would provide its Block Engine, Programmable Block Policy and open orderflow auction technologies, while KorDA would manage validator servers, monitoring and key management. The companies would jointly set validator criteria, SOL-allocation guidelines and revenue-sharing protocols covering staking rewards, block rewards and maximum extractable value tips. Any rollout remains subject to regulatory review, legal compliance and definitive agreements. Flowra would not custody collateral; assets would be segregated through independent custodians, escrow accounts or multi-signature wallets.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.