BlockBeats News, June 4th. Decentralized exchange platform Grvt announced the launch of Korean stock perpetual futures contracts, with the first batch covering Samsung, SK Hynix, and Hyundai. Users can trade 24/7 and maintain asset self-custody throughout the trading process.
The launch comes as the Korean stock market leads globally. Driven by the global AI trend and high-bandwidth memory (HBM) demand, the KOSPI index has risen by nearly 100% this year, propelling Korea to become the world's sixth-largest stock market, with Samsung and SK Hynix accounting for about half of the index.
Since February this year, Grvt's real-world assets (RWA) trading pairs have expanded to 74, covering stocks, private companies, ETFs, and commodities (such as OpenAI, Anthropic, NVIDIA, gold, oil, etc.), consistently bringing traditional market assets onto the blockchain. Grvt has stated its intention to further expand global asset coverage, with more assets set to go live soon.
