In a recent press release, the Animoca Brands-backed firm announced the launch of its new Korean branch, aimed at expanding its presence in the region. A local partner with extensive experience in the Korean market will oversee operations and manage the blockchain network within the country.
“The launch of Oasys Korea is more than just a corporate milestone—it marks the beginning of Oasys Phase 2, where real-world value converges with scalable blockchain infrastructure,” the company stated.
The company’s expansion into South Korea signals the beginning of what it describes as the second phase of its blockchain evolution. Moving beyond its roots in gaming, Oasys aims to leverage its Web3 infrastructure across a broader range of sectors, including entertainment, tourism, retail, and healthcare.
South Korea’s dynamic entertainment landscape presents a key opportunity for Oasys, which plans to tokenize real-world assets related to K-pop, wellness tourism, and performance rights. The company also intends to explore the tokenization of healthcare data to support advancements in the medical sector.
To realize its vision, the gaming firm plans to scale up its Real-World Asset (RWA) infrastructure by developing robust, scalable tools designed to onboard companies and institutions into the Web3 ecosystem. Oasys aims to integrate blockchain with emerging technologies such as artificial intelligence, digital identity systems, and decentralized finance (DeFi), laying the groundwork for a composable digital economy.
In the near term, the company will roll out a series of tokenization pilot projects targeting land ownership, entertainment rights, and medical records. These initiatives will emphasize transparent provenance and equitable revenue sharing. Oasys also intends to collaborate with leading Asian financial institutions exploring entry into the Web3 space.
According to the release, Oasys has already established strong partnerships with prominent Korean blockchain and gaming companies, including Netmarble, Com2uS, Nexon, NHN, and Wemix. Its native token, OAS, is currently listed on major Korean cryptocurrency exchanges such as Upbit, Bithumb, Korbit, and Coinone.
The company’s move aligns with South Korea’s growing commitment to the crypto and Web3 industries, driven in part by regulatory advancements. Earlier today, reports emerged that eight of the country’s largest banks have joined forces to form a stablecoin consortium. The initiative will be supported by the Open Blockchain and DID Association, along with the Financial Settlement Institute. It precedes the anticipated release of a new regulatory roadmap from the Financial Services Commission, outlining frameworks for stablecoins and crypto ETFs.
