Question 1

What is BDACS?

Accepted Answer

BDACS is South Korea's leading digital asset custody specialist, providing secure virtual asset safekeeping, crypto custody, and Prime Custody Solution for institutional investors and corporate clients. BDACS has partnerships with Woori Bank, Ripple, Galaxy Digital, and Circle.

Question 2

What is digital asset custody?

Accepted Answer

Digital asset custody is a service that securely stores and manages cryptocurrencies such as Bitcoin and Ethereum. It uses private key management, multi-signature (Multi-Sig), and MPC technology to protect assets from hacking and loss.

Question 3

What is KRW1 stablecoin?

Accepted Answer

KRW1 is BDACS's proprietary Korean won-pegged stablecoin, fully backed by KRW deposits held in commercial bank accounts. Initially launched on Avalanche blockchain, it has expanded to Circle's Arc blockchain and other multi-chain networks.

Question 4

What security certifications does BDACS hold?

Accepted Answer

BDACS has maintained ISMS certification for two consecutive years from KISA, and achieved SOC 1 Type 2 attestation from KPMG, proving global-standard internal controls and security capabilities.

Question 5

What is BDACS's Assets Under Custody (AUC)?

Accepted Answer

BDACS surpassed KRW 80 billion (approx. USD 60 million) in Assets Under Custody in 2026, recording the largest scale in South Korea's digital asset custody market, with a target of KRW 3 trillion.

BDACS Newsroom – Digital Asset Custody News