TL;DR
On 12 February 2025, VaaSBlock announced its relocation of headquarters to Seoul, South Korea, after securing a government-backed partnership that provides direct support and recognition from the Korean Ministry. This move positions VaaSBlock among the first blockchain firms to achieve this recognition, creating a new gateway for Web3 credibility and trust in Korea and internationally.
On 12 February 2025, VaaSBlock announced its relocation to South Korea following a landmark partnership with the Korean government. The ministry immediately saw the need for the RMA and the benefits it could provide to organizations and Web3 investors. This collaboration places VaaSBlock among the first blockchain companies to secure such an agreement, even as many Web3 firms have competed for similar recognition over the years.
As part of this initiative, co-founder Raphaël Rocher will lead the company’s Korean operations from a new office in Gangnam, Seoul, provided through the government’s strategic support. Beyond the domestic benefits, this move represents a significant opportunity for Web3 projects looking to build trust in Korea’s blockchain ecosystem and expand into one of the world’s most engaged crypto markets.
“South Korea has played a defining role in shaping Web3 across Asia. With its unmatched talent pool and position as the region’s most influential tech stronghold, Korea is the ideal place for VaaSBlock to grow its footprint and drive blockchain innovation. We are incredibly honored to have the support of the Korean government in making this vision a reality.”Raphaël Rocher, Head of VaaSBlock Korea
A New Gateway for International Web3 Businesses
For blockchain companies abroad, breaking into the Korean market has historically been challenging. Local regulations make it difficult for foreign projects to establish credibility with investors and traders. VaaSBlock’s acceptance into the market marks a change and a potential path for foreign companies that can pass the RMA to get attention from local traders and organizations.
- Korea ranks among the top three countries globally in crypto trading volume, with over 6 million active investors.
- The average Korean crypto investor holds 3.5 times more in digital assets than their U.S. counterparts.
- Strict regulations prevent most local companies from launching tokens or exchanges, meaning Korean traders actively seek vetted international projects.
With VaaSBlock’s expanded presence in Korea, RMA-certified businesses will be better positioned to enter this highly competitive market, gain visibility, and connect with local investors, traders, and institutions. This is just another reason organizations should be validating their business with the RMA and turning credibility into a marketing advantage.
Why South Korea Chose VaaSBlock
The Korean government seeks to attract best-in-class organizations that solve real problems and prioritize security, compliance, and innovation. VaaSBlock’s mission to redefine credibility in Web3 through independent, verifiable audits and governance assessments perfectly aligns with this vision.
This commitment was first demonstrated at COMEUP 2024, where CEO Ben Rogers and the VaaSBlock team engaged with leading venture capitalists, industry analysts, and policymakers, including Minister Oh YoungJu and her delegation.
While in Korea, the team also met with several key blockchain organizations, distributing the first-ever physical RMA badges—a tangible verification tool that allows businesses to showcase their credibility to employees, visitors, and partners.
How This Benefits Korean Blockchain Businesses
For local blockchain companies, credibility is essential—not just within Korea, but globally. With strict regulations limiting token launches and exchange operations, many Korean Web3 projects struggle to expand internationally.
VaaSBlock’s RMA certification is now the easiest way for Korean businesses to gain global recognition, proving to international investors, partners, and financial institutions that they meet the highest standards of credibility and transparency.
Through VaaSBlock, Korean businesses will now have a direct channel to international markets, helping them:
- Attract foreign investment and institutional partnerships by demonstrating high operational standards.
- Navigate compliance and due diligence processes with clear, third-party validation.
- Expand beyond Korea’s domestic market by earning international trust in a way that traditional audits do not offer.
Advancing Web3 Standards in Korea and Beyond
VaaSBlock’s expansion is not just about establishing a local office—it’s about shaping the future of blockchain credibility in Korea. The company’s 2025 roadmap includes:
- Connecting with Korea’s most influential institutions to integrate the RMA™ certification as a Web3 credibility benchmark.
- Helping international blockchain projects gain visibility and legitimacy within Korea’s market.
- Supporting Korean blockchain companies in securing global recognition, leveraging VaaSBlock’s network to expand their opportunities abroad.
A New Era for Blockchain Credibility
This partnership is not just about VaaSBlock’s expansion. It represents a shift in how blockchain businesses can establish trust and credibility in Korea and beyond. Whether you’re a global project looking to break into the Korean market or a Korean blockchain company seeking international validation, the RMA™ certification is the fastest way to prove your legitimacy to investors, partners, and financial institutions.
VaaSBlock is setting a new standard for blockchain accountability, ensuring that the future of Web3 is built on trust, transparency, and real-world credibility.
About VaaSBlock
VaaSBlock is a global leader in blockchain credibility, setting the standard for trust and accountability. Through the RMA™ certification, VaaSBlock offers businesses a robust framework for proving their integrity and reliability to investors, regulators, and users worldwide.
⚭ This article was prepared by the VaaSBlock Consulting Team.
Sources
References: Financial Services Commission (FSC) | Korea Financial Intelligence Unit (KoFIU) | Bank of Korea | Invest Korea | IMF Korea | OECD Korea
