KDAC

KDAC is Korea's first institutional digital-asset custodian, founded in 2020 and registered as a VASP in 2021, with Shinhan Bank and Nonghyup Bank among its shareholders. Services span custody, staking, OTC block-trade intermediation, lending against custodied assets and securities-lending brokerage, plus best-execution search and order splitting through a smart order router, with settlement completed in escrow inside custody accounts.

Keys are managed with air-gapped cold wallets, multi-signature and MPC sharding, and nodes run in-house or under delegation across Bitcoin, Ethereum, Kaia, Polygon, Solana and Aptos. SOC 1 Type 2 was obtained in 2024, an audit few Korean custodians hold, and clients range from listed companies and funds to public institutions and token issuers, with service tiers split by client type.