IOTA Expands Korea Presence at World Crypto Forum During Lunar New Year

IOTA-3,19%

  • IOTA was represented at the World Crypto Forum in South Korea last week where founder Dominik Schiener took to the stage and conducted interviews.
  • Tier 1 Korean financial institutions got a private introduction to the TWIN global digital trade infrastructure on the sidelines.

Last week, the crypto industry gathered in the city of Seoul in South Korea to discuss how to bridge digital assets to mainstream finance at the World Crypto Forum. IOTA was one of the projects represented at the event, with founder Dominik Schiener leading a team from the IOTA Foundation. The inaugural event, held on Feb. 11 and 12 brought together thousands of attendees from across Asia and beyond, with speakers including WLFI’s Eric Trump, a16z crypto COO Anthony Albanese, Injective’s Andrew Kang and LayerZero’s Alex Lim. Schiener also took to the stage on the second day of the event to discuss how IOTA bridges the trillion dollar gap with on-chain global trade. The session was moderated by Kim Jina, the network’s head of ecosystem.

설날 (Korean New Year week) starts today 🇰🇷🎉. 새해 복 많이 받으세요! Coming off a strong weekend in Seoul, we were on the ground at World Crypto Forum connecting with leading Korean institutions and sharing how @TWINGlobalOrg can unlock real-world adoption on IOTA⤵️ pic.twitter.com/urzDGL0IM8

— IOTA (@iota) February 16, 2026

Schiener commended the event, the attendees and the organizers, adding that there was “such a positive energy there, with deep support from the Blue House and large enterprises and financial institutions committed to building on crypto.” IOTA Pitches TWIN as the Ultimate Solution for Global Trade In his session, Schiener told the attendees:

IOTA is building a kind of highway, and by utilizing blockchain, you can verify the source and authenticity of data, which can greatly benefit cross-border business.

The main product he discussed was TWIN. As CNF reported earlier this month, TWIN went live on UK borders in a pilot project through a partnership with Teesside University. Days earlier, the project had released Version 1.0 which standardized data exchange on open protocols, boosting transparency and data sovereignty. To illustrate the efficiency that blockchain can unlock, Schiener gave the example of a mining company in Rwanda that has been paying 20% interest on financing from local banks. Now, through TWIN, it tokenizes warehouse receipts and ownership, enabling the company to access instant funding in the form of stablecoins, backed by real-world assets. He added:

In Kenya, we’ve also completed an experiment connecting 34 government systems with IOTA to secure and verify data. If everything—trade documents, invoices, sales—is tokenized, trust will increase and trade barriers will disappear.

On the sidelines, the IOTA Foundation organized a private side-event with Tier 1 Korean financial institutions where it offered them a deeper look into TWIN and how it’s changing global trade. “We have a deep commitment to Korea and will move forward to connect the country onchain and bring forth a new wave of crypto adoption and acceptance,” Schiener added. IOTA trades at $0.0687, dropping 3.4% in the past day.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

VeChain Demonstrates Blockchain Benefits With 5.2M Wallets Earning Weekly Rewards

VeChain’s VeBetter DAO has verified 48 million actions on more than 50 apps, and 5.2M wallets can now earn B3TR every week. VeChain’s B3TR guide details app rewards, Vote2Earn, and GM NFT incentives tied to verified onchain sustainability actions. VeChain has presented fresh data from its Ve

CryptoNewsFlash2h ago

U.S. stock futures for crypto-related stocks slightly decline, BMNR drops 0.44%

U.S. stock futures for crypto concept stocks slightly declined, with BMNR down 0.44% and SBET down 1.01%. CRCL slightly increased by 0.25%, while COIN fell by 0.15%. msx.com is a decentralized RWA trading platform that has launched multiple tokens.

GateNews2h ago

Millions Quietly Gear Up for Pi Network's Big Leap

More users are still preparing to the Pi Network global vision as they approach more adoption. New updates regarding the migration progress and ecosystem expansion throughout the network boosted the level of community discussions. Pi Network Global Vision gets a good Community Momentum The Pi Net

Coinfomania3h ago

Solana on-chain Chinese meme coin "My Sword and Shield" 24-hour increase reaches 240%, market cap surpasses $6 million

In recent years, the Meme coin "My Sword and Shield" in the Solana ecosystem has increased in market capitalization from $1.8 million to $6.6 million, with a 24-hour increase of 240%. Currently, the market cap is $5.6 million, and the coin has been listed for only 6 days. On-chain traders bought in at low prices and are now making a profit of approximately $7,930. Meanwhile, the same-named Meme coin on the BSC chain has also risen by 57%. Investors should be aware of the high volatility and risks associated with Meme coins.

GateNews3h ago

The overall crypto market slightly declined, while the AI sector rose nearly 2% against the trend.

On March 6th, the cryptocurrency market experienced a slight decline overall, with Bitcoin falling below $72,000 and Ethereum dropping below $2,100. The AI sector performed notably well, with Siren rising 32.75% and Kite increasing 25.06%. Layer2, GameFi, CeFi, and DeFi also saw small gains.

GateNews3h ago
Comment
0/400
No comments