DistantNews
Support us
Overseas exchanges record 307 trillion won in perpetual futures trading tied to Korean stocks in seven months Image: ์—ฐํ•ฉ๋‰ด์Šค
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Overseas exchanges record 307 trillion won in perpetual futures trading tied to Korean stocks in seven months

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Overseas crypto exchanges recorded about 307 trillion won in cumulative trading of perpetual futures tied to South Korean stocks from February through August.
  • The contracts used shares including Samsung Electronics and SK Hynix as underlying assets.
  • An analysis said the competitiveness gap between overseas and domestic crypto exchanges could widen while South Korean platforms remain constrained by regulation.

Perpetual futures linked to South Korean stocks generated about 307 trillion won in trading on overseas cryptocurrency exchanges between February and August, according to the report.

The contracts used shares such as Samsung Electronics and SK Hynix as their underlying assets. The cumulative figure covers seven months and highlights the scale of activity taking place outside South Koreaโ€™s regulated domestic crypto market.

Tiger Research, a research firm specializing in Web3, provided the analysis cited in the report. It said the competitiveness gap between overseas exchanges and South Korean platforms could grow further while domestic exchanges remain restricted by regulation.

About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog