Gate Cryptocurrency News and Market Analysis

KCGI Asset Management won the Best Target Date Fund award at the 2026 Herald Investment Awards after becoming the first independent asset manager to surpass 1 trillion won in TDF net assets. The company's KCGI Freedom Qualified TDF series recorded 1.007 trillion won in net assets on July 2,

Bond dealers expressed growing concern over rigid CD rates as Woori Bank's 91-day and 124-day maturity CDs showed a significant 28bp rate spread on the previous day. The 91-day CD was issued at 3.22% for 40 billion won, while the 124-day CD was issued at 3.50% for 20 billion won. The anomaly stems f

NH-Amundi Asset Management won the Best Fund award at the 2026 Herald Investment Awards. The company, ranked 7th in South Korea's asset management industry by total net assets, managed 102.1196 trillion won in assets as of August 27. The firm's flagship domestic equity fund, the Pilseung Korea Fund,

Top-performing investors at Mirae Asset Securities net-purchased Doosan stocks as the most-bought stock on the morning of the 1st, followed by Eotech and SK Hynix. The buying interest stemmed from forecasts of record quarterly performance for Doosan's Electronics BG and expectations of expanded

Korea Investment Trust Management, led by CEO Bae Jae-gyu, received recognition in the Best Active ETF (Overseas) category for its 'ACE US S&P500 US Treasury Hybrid 50 Active' product. The company was evaluated highly for the ETF's long-term operational performance and substantial fund inflows. The

South Korean financial authorities may introduce stricter regulations on single-stock leveraged ETFs ahead of the October parliamentary audit, following President Lee Jae-myung's criticism of existing measures. In July, President Lee questioned the adequacy of proposed management plans during a

South Korean Deputy Prime Minister and Finance Minister Lee Hyeong-il announced market stabilization measures at a macro-fiscal-financial meeting held the previous day, responding to concerns over rising

Daol Investment & Securities, led by CEO Hwang Jun-ho, officially opened its MCP Trading service two months after launching pre-reservations in July. The service connects brokerage accounts to generative AI platforms including ChatGPT and Claude, enabling customers to perform account inquiries and s

Daol Investment & Securities officially opened its 'MCP Trading' service on the 1st, according to the financial investment industry. The service connects generative artificial intelligence platforms including ChatGPT and Claude with securities accounts, enabling users to perform account inquiries an

Harry Jung, former Deputy Director of the White House Digital Assets Advisory Council and current Managing Director of Strategy and Partnerships at Anthem Group, stated on the 1st that Korean won stablecoin issuance should not be limited to banks. Speaking at Interview Room 1 on the basement floor o

A wallet linked to Ethereum co-founder Joseph Lubin recently transferred 133,298 ETH, valued at approximately $356.2 million, to a new wallet. The transaction was reported by CryptoTwitter commentator @lookonchain. Ethereum continues to trail Bitcoin in market performance, and this significant

South Korean bond market participants have observed decreased sensitivity to oil price movements in recent trading sessions, according to dealers from multiple financial institutions quoted on October 1. The shift comes after more than seven months of elevated oil prices linked to the US-Iran

The Bank of Korea set up a Digital Currency Advisory Committee and held its first meeting on September 29, according to The Fact on October 1. The central bank created the panel to gather external views on digital-currency policy, including central bank digital currency and deposit tokens, as its di

South Korea's KOSPI index opened down 0.34% at 6,814.49 on October 1 but narrowed losses to 0.06% at 6,833.89 by 11:06 AM, while the KOSDAQ surged 2.66% to 878.67 after an initial 0.23% decline. The intraday recovery followed the release of record September export data showing $120.94 billion in

The Trump administration has pushed the Alaska LNG development project as a Korean investment initiative, but profitability concerns have already emerged. U.S. Commerce Secretary Howard Lutnick announced at the White House that the project would receive investment slightly exceeding $50 billion,

Woori Asset Management's WON Short-Term Corporate Bond Plus Active ETF recorded a 3.28% return over the past year as of last month 30th, ranking first among 45 domestic short-term bond ETFs according to fund evaluator ZeroIn. The company announced on the 1st that the fund also posted the highest 6-m

South Korean financial authorities recently distributed detailed guidance clarifying first-time homebuyer loan-to-value (LTV) exceptions for jeonse fraud victims. The Korean Banking Association issued a Q&A document to individual banks after collecting questions and obtaining authoritative

South Korean government bond futures declined during morning trading on October 1st, with 3-year futures dropping 4 ticks to 102.33 and 10-year futures falling 31 ticks to 104.13 as of 9:04 AM. The decline followed a two-day rally and mirrored overnight gains in US Treasury yields, which rose 1.2

The spread between South Korea's 30-year and 10-year treasury bonds narrowed to 11.5 basis points as of the previous trading day, remaining in the 10bp range for 12 consecutive trading days since falling below 20bp on the 11th of last month, according to Yonhap Infomax market valuation data. The nar