WeBlock presented a new vision for Korean-style RWA (Real-World Asset) at TOKEN2049, a global blockchain conference held in Singapore.
At this large-scale event, which was attended by industry heavyweights such as Ethereum's Vitalik Buterin and Avalanche's Emin Guen Sirer, WeBlock emphasized the stability and liquidity of Korean residential assets, announcing, "If US Treasury bonds are the standard for financial engineering risk-free rates, then Korean 'apartments', rooted in actual residential demand, can become the standard for real stability."
The core rationale presented by WeBlock is concise. ▲First, consistent, durable demand centered on actual residences ensures low vacancy risk. ▲Second, the combination of locational advantages—city centers, subway stations, and school districts—and limited new supply creates high downward price rigidity. ▲Third, conservative macroprudential regulations, such as the loan-to-value (LTV) ratio and debt service ratio (DSR), have been established over the long term, mitigating systemic risks in housing finance. ▲Fourth, predictable cash flow design, such as the conversion of jeonse (rental deposits) to monthly rent, can systematically increase investor confidence when combined with on-chain disclosure. WeBlock emphasized that these factors should lead to a "liquidity design" that supports secondary market trading volume and price discovery after token issuance.
On-site discussions were also held with overseas partners regarding the timing of the Token Generation Event (TGE), smart contract code security audits, global exchange listing strategies, and cross-border investment structures for institutional investors.
A particularly noteworthy collaboration is the integration with the Avalanche ecosystem. Avalanche is a smart contract network ranked among the top global market capitalizations. In Korea, it has already seen successes such as the on-chain issuance of the Korean won-collateralized stablecoin "KRW1" (with reserve deposits from domestic custodians) and joint research with traditional financial institutions. Through this strategic memorandum of understanding (MOU) with Avalanche, WeBlock plans to jointly develop a Korean RWA standard model and expand infrastructure connectivity that connects Korean won settlement with on-chain liquidity.
WeBlock proposes four principles for a Korean-style RWA. First, a standardized legal and tax structure (SPC ownership, clarity of rights relationships, prevention of conflicts of interest). Second, data transparency (monthly and quarterly valuations, regular on-chain disclosure of rental, vacancy, and maintenance costs). Third, conservative leverage (conservative collateral value calculations, external audits, and stress tests). Fourth, a 24/7 secondary market liquidity design (partial sale functionality, spread and market-making systems).
A WeBlock representative stated, “Tokens are not a goal, but a means to connect to an open capital market,” and stated that they will build a trustworthy market by combining narratives and quantitative disclosures that are easy for retail investors to understand.
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