Busan Digital Asset Exchange (Bdan·BDAN), the only 4th generation blockchain real-world asset (RWA) exchange in Korea, has recorded a total cumulative transaction volume of 1.2704 trillion won.
According to BDAN on the 25th, the exchange's first-half transaction volume this year was approximately 167.9 billion won. This amount exceeds 66% of last year's total transaction volume of 253.6 billion won. BDAN anticipates continued expansion of transactions.
Compared to the first-half transaction volume of about 17.9 billion won in the first half of 2021 when user expansion began in earnest, this year's first-half volume represents a growth of about 10 times in four years. The cumulative transaction volume has reached 1.2704 trillion won, showing a rapid growth of approximately 42 times compared to 30.4 billion won during the same period.
During the same period, the number of cumulative users increased from about 403,000 to 1,206,000, approximately tripling. BDAN analyzed that this is in line with increased demand for investing in gold in small amounts, influenced by the expanded preference for safe assets due to global economic uncertainties such as international trade and monetary policies.
Currently, seven products backed by physical assets such as gold and silver are being traded on BDAN. With the continued price increase of these assets, the product-specific returns over the past year are: △e-gold 42.75% △e-silver 37.38% △e-platinum 54.56% △e-palladium 49.01% △e-copper 28.29% △e-nickel 0.85%.
BDAN operates for 23 hours, including weekends. The exchange explains that there are no time constraints, and users can easily trade physical assets with small investments. The minimum trading unit for e-gold is 0.01g, and e-silver can be traded from 1g.
These products can be exchanged for physical forms like gold bars and silver bars. Through the 'Steadily' subscription service, users can stably accumulate gold and silver periodically, and receive benefits such as free selling fees when meeting certain conditions of payment rounds, amount, and period. BDAN plans to significantly expand its trading items to include wheat flour, crude oil, cocoa, coffee beans, wine, and carbon credits, establishing its position as a real-world asset exchange.
BDAN CEO Kim Sang-min stated, "BDAN is a platform where you can invest in all valuable assets in the world," adding, "We will continue to sophisticate our services to allow safe and easy investment in various products that were previously difficult for general investors to access, and grow into a world-class comprehensive digital asset exchange including security tokens (STO) and crypto."
Meanwhile, BDAN is the first 4th generation blockchain digital asset exchange in Korea, uniquely established with 100% private capital led by a local government. It aims to be a '4th generation decentralized blockchain exchange' that has achieved innovative changes in all areas including security, processing speed, scalability, and interoperability. BDAN expects further growth through the Web3-based blockchain wallet 'BDAN Pouch' project being pursued with Naver Pay and Hashed.
