HancomWITH Launches Gold-Backed Stablecoin to Digitize RWA Market

HancomWITH, the holding company of South Korea's tech giant Hancom, has entered the real-world asset (RWA) sector with a gold-backed stablecoin initiative. The MOVE aims to bridge traditional commodities with digital finance, targeting the $10T global gold market where 40% of transactions remain informal.

CEO Sang-Yup Song highlighted the untapped potential: "Gold is the ultimate safe-haven asset, but its market suffers from fragmentation. Digital infrastructure brings transparency to these opaque transactions." The company's 2020 acquisition of Hancom Gold Exchange—now among Korea's top four trading platforms—positions it for this transformation.

The Arowana Token, developed with affiliate Arowana Hub, will tokenize physical gold holdings. This follows HancomWITH's record performance in H1 2025, signaling institutional momentum for asset tokenization.