KRWQ Lists on Institutional Digital-Asset Exchange EDX Markets

KRWQ, a Korean won-based stablecoin, has listed on EDX Markets, an institutional digital-asset exchange. The stablecoin was designed to make won-based transactions more efficient in an on-chain environment.

The listing links KRWQ to spot trading in addition to the perpetual futures trading already offered through EDXM International. That allows spot and derivatives transactions using a won-based stablecoin to take place within a single framework.

EDX Markets is a digital-asset trading platform operating under the U.S. regulatory framework and primarily serving institutional investors.

A KRWQ official said the listing is part of a broader effort to expand the infrastructure for trading and managing won-based assets in digital markets. The official added that it could broaden trading in non-dollar digital assets.