
Avalanche to support UAE digital wallet and South Korea market tokenization
- —UAE PASS: 12.5 million users, 15,000 services and 350 organizations
- —TDRA will migrate UAE PASS blockchain infrastructure to a dedicated Avalanche L1
- —South Korea will launch tokenization of funds and bonds in February 2027
- —South Korea's regulator did not name Avalanche among the project's technologies
Why it matters: Institutional adoption of Avalanche is growing, but the network's role in the Korean project has not yet been officially confirmed.
Source: Journal du Coin