Busan Digital Asset Exchange Bidan Tops ₩1.2 Trillion in Cumulative Trading

The real-world asset (RWA) exchange 'Bdan', operated by Busan Digital Asset Exchange, is attracting attention in the digital asset market with its overwhelming growth. It has surpassed a cumulative transaction volume of KRW 1.2704 trillion, proving its rapid growth. Specifically, in the first half of this year (January-June) alone, it recorded approximately KRW 167.9 billion in transaction volume, which exceeds 66% of the total transaction volume of KRW 253.6 billion for the entire year 2024. Compared to the first half of 2021, when user expansion began in earnest, the transaction volume surged about 10 times (KRW 17.9 billion → KRW 167.9 billion) in four years, and the cumulative transaction volume soared by an astounding 42 times (KRW 30.4 billion → KRW 1.2704 trillion). During the same period, the number of cumulative subscribers also more than tripled from 403,000 to 1,206,000, which is expected to give momentum to the 'BdanJumuni' Web3-based blockchain wallet business, which collaborates with Naver Pay and Hashed. Bdan attributed this explosive growth to the stimulation of safe-haven asset (gold) preference due to increased international economic uncertainty and a rise in demand for small-scale gold investments. Currently, it trades seven products issued collateralized by real-world assets such as gold and silver, and has attracted investors' attention by recording high returns over the past year, including e-Platinum (54.56%), e-Palladium (49.01%), e-Gold (42.75%), and e-Silver (37.38%). Trading convenience is also one of Bdan's strengths. Operating 23 hours a day, including weekends, eliminates time constraints, and small-scale investments are possible starting from 0.01g of e-Gold and 1g of e-Silver, making it easy for anyone to trade real-world assets. Furthermore, physical exchange is possible in the form of gold bars or silver bars, and it supports stable accumulating investments through its 'Chagok Chagok' subscription service. Bdan plans to significantly expand its trading items in the future to include various valuable assets such as flour, crude oil, cocoa, coffee beans, wine, and carbon emission rights, thereby solidifying its position as a real-world asset exchange where 'all valuable assets in the world' can be traded. Kim Sang-min, CEO of Bdan, stated, "We will enhance our services to allow general investors to safely and easily invest in various products that were previously difficult to access," expressing the ambition to ultimately grow into a world-class comprehensive digital asset exchange encompassing STO (Security Token Offering) and crypto. Established under the leadership of a local government and with 100% private capital, Bdan aims to be a '4th generation decentralized blockchain exchange' that pursues innovation in all aspects including security, processing speed, scalability, and interoperability, leading the future digital asset market.