South Korea’s push into stablecoins is accelerating, with KOSCOM, a Korea Exchange affiliate, registering five new stablecoin trademarks while also restructuring its digital asset division. The move highlights how the country’s capital market institutions are preparing for the growing demand for Korean won-backed tokens. KOSCOM, which provides trading systems and technology for the Korean stock exchange, is positioning itself to play a bigger role in digital finance by expanding its focus from securities infrastructure to stablecoin applications. This development comes as rival firms also enter the market, making stablecoins one of South Korea’s most competitive new financial frontiers. KOSCOM registers five stablecoin trademarks According to Seoul Finance , KOSCOM has applied for five stablecoin-related trademarks: KSDC, KRW24, KRW365, KOSWON, and KORWON. These filings come as demand for won-backed assets grows and firms compete to establish their tokens as the standard for domestic payments and settlements. By securing these names, KOSCOM aims to lay the groundwork for future launches tied to payment systems and subscription-based services. The company has long been known for developing technology solutions for securities and futures trading in South Korea. It has also provided trading systems for markets in Southeast Asia, including Laos, Cambodia, and Malaysia. With this background, the firm is now extending its expertise to digital currencies, underlining how established market players are adapting to a financial system increasingly shaped by blockchain applications. Reorganisation of crypto and digital assets division KOSCOM has announced a major reorganisation to strengthen its role in the digital asset market. Its Future Business Division has been restructured into the “Digital Asset Business Promotion TF Division,” a body reporting directly to the chairman. This division is tasked with driving proof-of-concept projects for stablecoin technology and evaluating its use in capital market settlement. The division is also working on stablecoins designed for subscription and distribution payments, aiming to enhance both convenience and security. This gradual rollout is intended to ensure stability and integration with existing financial processes, while also meeting future regulatory requirements once South Korea finalises its stance on stablecoins. South Korea stablecoin wave gains momentum KOSCOM is entering a market already witnessing rapid growth in stablecoin projects. BDACS, Toss, and fanC have all declared interest in launching tokens backed by the Korean won. On 18 September, BDACS’ KRW1 became the first won-backed stablecoin available on the Avalanche blockchain, marking a milestone in South Korea’s digital asset industry. Stablecoins are gaining traction globally, supported by regulatory initiatives such as the STABLE Act in the United States and Hong Kong’s Stablecoin Ordinance. While South Korea has yet to issue clear guidelines, market activity shows how firms are preparing for a regulated environment that recognises stablecoins as legitimate payment instruments. KOSCOM looks to lead in digital finance innovation KOSCOM’s entry underscores how capital market IT firms are adapting to the digital currency era. Its new division is expected to focus on technological development, research, and cross-border applications, aligning with the broader wave of stablecoins spreading across Asia. By aligning its trademarks, reorganisation, and product roadmap, KOSCOM is setting itself up as a central player in South Korea’s stablecoin race, where competition between traditional finance firms and fintech start-ups is intensifying. The post KOSCOM files 5 stablecoin trademarks as South Korea market heats up appeared first on Invezz
