Busan Digital Asset Exchange (Bdan), South Korea’s only 4th-generation RWA (Real World Asset)-based blockchain platform, has seen its cumulative trading volume surge past ₩1.27 trillion, fueled by rising investor demand for gold and other precious metals.
The platform has recorded ₩167.9 billion in trading volume during the first half of 2025 alone—already reaching 66% of its full-year total for 2024. Compared to just ₩17.9 billion in H1 2021, the growth is nearly tenfold. Over the same period, the number of registered users has tripled from around 400,000 to more than 1.2 million.
Bdan currently offers tokenized assets backed by physical commodities including gold, silver, platinum, palladium, copper, and nickel. These asset tokens have delivered strong annual returns: 42.75% for e-Gold, 37.38% for e-Silver, and 54.56% for e-Platinum. The platform’s 23-hour daily operation—including weekends—and micro-investment capability have contributed significantly to its growth.
Against a backdrop of global macroeconomic uncertainty and monetary policy risks, investor interest in safe-haven assets like gold has intensified. Bdan has positioned itself as a unique player enabling retail investors to access precious metals through digital tokens.
Looking ahead, the exchange plans to expand its token offerings to include other real-world assets such as flour, crude oil, coffee, wine, and carbon credits. CEO Kim Sang-min emphasized Bdan’s vision of becoming a comprehensive digital asset platform that tokenizes “everything of value in the world,” while strengthening user accessibility and institutional-level security for STO and crypto transactions.
