The digital asset financial infrastructure corporation, WaveBridge, announced on the 28th that it will unveil its 'WaveBridge 3.0' vision and expand its existing digital asset management platform, Dolphin, into a prime brokerage platform, 'WaveBridge Prime,' for corporations and institutional clients.
On this day, WaveBridge presented its expansion plan along with the 'WaveBridge 3.0' vision. WaveBridge 3.0 aims to proactively respond to the global environment and domestic institutionalization trends, positioning itself as 'a global digital asset partner for corporations.' WaveBridge noted that major markets such as the United States, Europe, and Hong Kong have established financial infrastructures for digital asset management, including custody, payments, and administrative management. In contrast, the domestic market faces unclear accounting and tax standards and inadequate brokerage infrastructure.
Accordingly, WaveBridge plans to provide digital asset financial infrastructure services that support corporate clients in safely expanding their assets in line with regulatory changes in the domestic and international digital asset landscape, which will be fully realized in the second half of the year. In particular, as the enactment of a basic law on digital assets, and amendments to the Capital Markets Act have become tangible in Korea, they are proactively building services based on institutional compliance.
Specifically, 'WaveBridge Prime' will offer ▲ customized investment execution systems ▲ administrative management functions exclusive to institutions (accounting, payment, reporting) ▲ expanded connectivity with global institutional networks ▲ enhanced functions for transactions and over-the-counter trading. The 'optimal execution' feature, which allows users to complete transactions at the best price without directly entering orders in the exchange order book, will also be a key function.
O Jong-wook, CEO of WaveBridge, noted, 'Since the early days of the digital asset market, WaveBridge has adhered to a business-to-business (B2B) strategy while preparing services for institutions, and we will establish ourselves as a trusted digital asset financial partner amid the changing regulatory environment.'