Exchange Displays Web3 Strategy At Major Seoul Conference
BYDFi participated as an official 2025 partner at Seoul Meta Week 2025, held June 26-27 at COEX Seoul. According to Investors Catenaa, the global crypto exchange joined tech companies including Samsung, Google, and Intel at the event. BYDFi operated Booth #11 throughout the conference, distributing exclusive merchandise to attendees.
Michael, BYDFi's co-founder and CEO, participated in the event that connects builders and traders across the region. The crypto exchange serves over one million users across 190 countries and regions. BYDFi has expanded its operations since launching as BitYard in 2020, now offering spot trading, perpetual contracts, and automated trading tools.
Platform Integration Meets Korean Regulatory Requirements
BYDFi's participation comes as the company strengthens compliance in South Korea's regulated crypto market. The exchange joined South Korea's CODE VASP Alliance, integrating Travel Rule solutions that meet the nation's regulatory standards. CryptoBriefing reports this integration ensures adherence to Anti-Money Laundering requirements under South Korea's Financial Transaction Information Act.
The CODE VASP Alliance was founded by Korea's top three crypto exchanges: Bithumb, Coinone, and Korbit. This platform provides technical support to Virtual Asset Service Providers seeking compliance with Financial Action Task Force standards. BYDFi's membership addresses South Korea's strict regulations requiring VASPs to report suspicious transactions and maintain real-name banking relationships.
Hybrid Trading Model Reflects Industry Transformation
BYDFi launched MoonX in April 2025, a Web3 on-chain trading tool supporting Solana and BNB Chain networks. The platform offers real-time data, Smart Money tracking, and Copy Trading features designed for decentralized trading. This launch represents BYDFi's transition into what the company calls a "CEX + DEX dual-engine era."
The hybrid exchange model reflects broader industry trends toward combining centralized and decentralized features. BeInCrypto notes that decentralized exchanges captured over 20% of spot trading volume for the first time in January 2025, reaching $320 billion in monthly volume. Major platforms including Binance and MEXC have launched similar hybrid solutions, blending centralized speed with decentralized transparency.
This model addresses user demand for both institutional-grade liquidity and decentralized asset access. According to 10Times, Seoul Meta Week 2025 focused on Web3, blockchain technology, and digital innovation trends, making it a suitable venue for BYDFi to demonstrate its integrated approach.
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