Optimism, a blockchain infrastructure company supplying OP Stack to Ethereum Layer 2 networks, is targeting the Korean market through partnerships with Dunamu's GIWA blockchain, Toss, and DB Securities. The company signed an MOU with Dunamu in May and an MOU with Toss on the 8th to expand on-chain financial infrastructure services for domestic financial institutions, fintech firms, and digital asset companies. Optimism views Korea as a key market where digital asset institutionalization and financial digital transformation are rapidly progressing. The expansion responds to growing demand for institutional blockchain infrastructure that meets performance, regulatory compliance, and privacy protection requirements as on-chain financial services including security token offerings (STO), real-world asset tokenization (RWA), and stablecoins expand.
Optimism's OP Stack Powers 32+ Networks Including Coinbase and Sony
Optimism develops Layer 2 infrastructure that improves transaction speed and costs while maintaining Ethereum's security. The company supports enterprises in building independent blockchains through its proprietary OP Stack technology. Currently, over 32 networks operate based on OP Stack, including Coinbase, Kraken, Sony, and Dunamu.
Dunamu Partnership Advances GIWA Blockchain Technology Since May
Optimism signed an MOU with Dunamu, the operator of Upbit, in May to pursue technological advancement and global expansion of the GIWA blockchain. Both companies are jointly reviewing OP Stack-based digital asset infrastructure business models and exploring possibilities for GIWA's global ecosystem expansion.
Toss Launches 3-Month OP Stack Proof of Concept
On the 8th, Optimism signed an MOU with Toss and initiated a proof of concept (PoC) to implement won-based digital financial infrastructure. Over the next three months, both companies will verify whether OP Stack can be applied to Korea's financial environment and examine core requirements for building institutional blockchain infrastructure including regulatory compliance, privacy protection, and performance.
DB Securities Collaboration Focuses on Jeju Regional Asset Tokenization
Optimism is pursuing STO and RWA business cooperation specialized for the Jeju region with DB Securities. The companies plan to jointly develop business models that tokenize tangible and intangible assets in the Jeju region, including smart farms, livestock assets, and Korean intellectual property (K-IP), by combining DB Securities' financial network with Optimism's Layer 2 technology.
OP Enterprise Solution Supports Financial Services Without Dedicated Blockchain Teams
Optimism provides OP Enterprise, an institutional-grade blockchain infrastructure solution for financial institutions and enterprises. The solution enables companies to build and operate financial, transaction, and payment services on-chain without a separate blockchain operations team. Optimism handles overall technical operations including sequencer operation, security patches, and upgrades. Client companies can design compliance policies and fee structures according to their own environments.
Jing Wang, CEO of OP Labs, stated, "Korea has the regulatory environment changes and digital asset market scale that can grow faster than any market we have entered. Optimism is building infrastructure suitable for this market."
FAQ
What did Optimism announce regarding its Korea market strategy?
Optimism announced it is targeting the Korean market through partnerships with Dunamu's GIWA blockchain, Toss, and DB Securities to expand on-chain financial infrastructure services for domestic financial institutions, fintech firms, and digital asset companies.
When did Optimism sign MOUs with Dunamu and Toss?
Optimism signed an MOU with Dunamu in May and signed an MOU with Toss on the 8th. The Toss partnership initiated a 3-month proof of concept to implement won-based digital financial infrastructure.
How many networks currently use Optimism's OP Stack technology?
Over 32 networks currently operate based on OP Stack, including Coinbase, Kraken, Sony, and Dunamu. The technology supports enterprises in building independent blockchains while maintaining Ethereum's security.
