KRWQ listed on EDX Markets
16 April 2026 US
Image: Thapana_Studio/stock.adobe.com
KRWQ, issuer of the first tradeable Korean won stablecoin, has listed its stablecoin on EDX Markets, an institutional cryptocurrency exchange.
The listing follows KRWQ’s prior launch as perpetual futures on EDXM International, EDX’s digital asset trading venue and perpetual futures exchange.
With the issuance, the firm says the coin becomes the first non-US dollar stablecoin available on an institutional-grade trading stack across spot and derivatives.
The initiative aims to “bring KRW trading into a more transparent, accessible, and capital-efficient market structure”.
Institutions are able to access KRWQ on EDX Markets’ US spot trading venue, under a compliant and regulated framework, along with traders gaining the ability to hedge KRWQ perpetual positions on EDXM International.
Commenting on the launch, Dave Shin, chief operating officer of KRWQ, says: “For the first time, traders have a fully regulated way to trade and hedge Korean won exposure using a stablecoin across both spot and derivatives.
Tony Acuña-Rohter, CEO of EDX Markets, adds: “By pairing spot liquidity on EDX Markets with perpetual futures on EDXM International, we’re enabling more efficient price discovery and risk management for Korean won exposure that aligns with the standards institutional participants expect.”
The listing follows KRWQ’s prior launch as perpetual futures on EDXM International, EDX’s digital asset trading venue and perpetual futures exchange.
With the issuance, the firm says the coin becomes the first non-US dollar stablecoin available on an institutional-grade trading stack across spot and derivatives.
The initiative aims to “bring KRW trading into a more transparent, accessible, and capital-efficient market structure”.
Institutions are able to access KRWQ on EDX Markets’ US spot trading venue, under a compliant and regulated framework, along with traders gaining the ability to hedge KRWQ perpetual positions on EDXM International.
Commenting on the launch, Dave Shin, chief operating officer of KRWQ, says: “For the first time, traders have a fully regulated way to trade and hedge Korean won exposure using a stablecoin across both spot and derivatives.
Tony Acuña-Rohter, CEO of EDX Markets, adds: “By pairing spot liquidity on EDX Markets with perpetual futures on EDXM International, we’re enabling more efficient price discovery and risk management for Korean won exposure that aligns with the standards institutional participants expect.”
Next market, securities, and trading article →
Broadridge’s DLR platform reaches US$354 billion ADV for March
Broadridge’s DLR platform reaches US$354 billion ADV for March
NO FEE, NO RISK
100% ON RETURNS If you invest in only one digital assets news source this year, make sure it is your free subscription to The Digital Assets Edge
100% ON RETURNS If you invest in only one digital assets news source this year, make sure it is your free subscription to The Digital Assets Edge
