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Orderly Network’s NEAR instance winds down on Sept. 18.
WITHDRAW ASSETS
Nov 18, 2024
Announcements
Orderly Network & KODA: Unlocking the Future of DeFi in Korea
by Orderly Network
Orderly Network & KODA: Unlocking the Future of DeFi in Korea

Orderly Network has entered a strategic partnership with KODA, South Korea's leading cryptocurrency custodian. This alliance merges KODA’s stronghold in traditional finance with Orderly Network’s advanced omnichain cloud liquidity infrastructure, setting the stage for improved Web3 adoption in the Korean market.

Bridging CeFi and DeFi for Korean Investors

Our partnership with KODA is a pivotal step toward making DeFi accessible and familiar to Korean investors. By combining Orderly’s cloud liquidity infrastructure with KODA’s established custody services, we are offering a gateway to DeFi with the trusted security and compliance standards investors rely on.

Orderly’s plug-and-play infrastructure combined with KODA’s secure custody means Korean investors can confidently explore DeFi, backed by a partner that navigates local regulations while upholding the highest asset protection standards.

With KODA’s reputation and Orderly’s infrastructure, we are lowering the entry barriers for Korean investors to experience the world of DeFi, characterized by:

  • Seamless Access to DeFi: Korean investors gain simplified access to the growing benefits of DeFi within an interface similar to CEXes without compromising on security.
  • Compliance and Transparency: Aligned with Korea’s regulatory landscape, this partnership provides a safe bridge between TradFi and the innovative world of DeFi.
  • Unified Liquidity and Tighter Spreads: By consolidating liquidity across multiple chains, Orderly Network ensures a smooth trading experience with enhanced market depth.

Orderly Network’s infrastructure is built for the future of trading. As a cloud liquidity powerhouse, we aggregate orders across chains into a shared orderbook, converging liquidity while tightening spreads. The Orderly Chain, built on the OP Stack, facilitates perps trading on leading EVM and non-EVM chains including the Ethereum Mainnet, Polygon, Optimism, Base, Mantle, Arbitrum, Solana, and more.

KODA, founded by KB Kookmin Bank and Hashed, holds an impressive 80% market share in Korea’s crypto custody space. Led by CEO Jin-Seok Cho, KODA is committed to security, compliance, and a transparent custody model, aligning perfectly with our shared goal of advancing DeFi.

Ran Yi, CEO of Orderly Network, speaking on the strategic importance of this partnership said;,

“We want to make it easier than ever for investors of all levels and backgrounds to reap the benefits of DeFi. We are excited to join forces with KODA to make this possible in Korea.”

Jin-Seok Cho, CEO of KODA, shared his enthusiasm by echoing Ran’s sentiment; he stated,

"Through our collaboration with the global leading firm, Orderly Network, we aim to play a leading role in ensuring that the domestic digital asset management market develops in a safe and transparent manner”

This partnership is just the beginning. With the fusion of our omnichain charge and KODA’s market expertise, we are setting the stage for widespread DeFi adoption in Korea. Together, we are creating a more accessible, secure, and compliant future for DeFi.

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