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Klaytn Blockchain Welcomes Gold RWA DeFi Platform, $GPC Token

2024/01/03 10:18

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South Korea's CREDER launches $GPC gold tokenization via Klaytn

CREDER, a digital transformation firm in South Korea, spearheads the launch of $GPC, pioneering gold tokenization without transaction-based fees—a groundbreaking feature highlighted by Klaytn. Leveraging Klaytn's blockchain for lower gas fees, $GPC enables fractional gold investments, enhancing cost-effectiveness in gold token trading within DeFi.

Sam Seo, director of Klaytn Foundation, expressed commitment to expanding metal RWA tokenization projects globally in collaboration with CREDER. Goldstation, commencing operations on Jan. 24, will initially serve South Korean residents and has plans for a global launch.

Klaytn broadens utility beyond blockchain, explores asset tokenization

Klaytn's blockchain diversifies its utility with DeFi integration, real-world asset tokenization, and participation in the Bank of Korea's CBDC pilot. Recently, it partnered with an Indonesian conglomerate's shipping unit to explore tokenization of ship-related assets, underscoring Klaytn's expanding applications beyond conventional blockchain realms.

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