Busan Digital Asset Exchange, ”B-DAN” officially launched... Becoming a global digital asset exchange including RWA and STO

The Busan Digital Asset Exchange of Korea held the "Blockchain Week in Busan" event at Signiel in Busan on the 28th.
At the "Busan Digital 2024" event, the official brand name "B-DAN" was announced and an official launch ceremony was held.
It is an abbreviation for "Asset Nexus," and its meaning is that it aims to go beyond being a simple trading platform for digital assets to connect people, communicate with them, and change their daily lives.
The Busan Digital Asset Exchange said, "We have focused on the fact that B-DAN has traditionally been used as a currency that has inherent value and is also a medium of exchange.
"We are trying to become a digital financial hub connecting the East and the West through the Digital Silk Road," he said. In addition, B-DAN's brand graphic (CI) reads, "The blockchain will create
The Busan Digital Asset Exchange has a cumulative trading volume of 1.1 trillion won (about 1.2 billion yen).
Through the acquisition of CenGOLD, a blockchain-based digital commodity trading platform with 1.18 million members, the company will begin trading in digital physical commodities including gold.
CenGOLD is a platform that trades seven types of precious metals, including gold, silver, and copper, as well as non-ferrous metals, and allows users to withdraw or exchange the purchased assets for real.
All assets traded on CenGOLD are stored in secure vaults at Korea Gold Exchange, Korea's No. 1 gold distribution company.
The crypto assets are stored securely as physical assets and are managed so that withdrawal requests from members can be handled immediately. Kim Sang-min, CEO of Busan Digital Asset Exchange, said, "We are pleased to acquire CenGOLD.
The signing of the memorandum of understanding marks an important first step in the launch of trading on the Busan Digital Asset Exchange, which will trade a variety of real assets (RWA) in addition to the seven products currently listed on the platform.
"In the future, Busan Digital Asset Exchange will grow beyond being the best in Korea to become a global STO (a method of raising funds through trading of digital securities on the blockchain) exchange."
"It will expand the possibilities for the digitalization of the city," he said. The Busan Digital Asset Exchange is expected to further accelerate its role as a developer that provides a blockchain-based urban innovation model.
The Busan Digital Asset Exchange is a core company in the Blockchain Special Zone and an anchor company in the Opportunity Development Special Zone, and plans to expand into RWA and STO exchanges, and to offer a variety of digital products.
Kim Sang-min, CEO of Busan Digital Asset Exchange, said, "B-DAN is a creator of the digital asset trading market and a
It is a nexus that is a medium of connection and exchange. Through this connection, Busan Digital Asset Exchange will become a blockchain developer that leads the revitalization of Busan and the Republic of Korea."