South Korean RWA Platform K-Prop Signs Cooperation Memorandum to Advance Real Estate Tokenization

Gate News: On March 18, South Korea’s real-world asset (RWA) platform K-Prop announced that its Korean entity, K-Prop Korea, and its Hong Kong operating entity, K-Prop Limited, officially signed a Memorandum of Agreement (MOA) in Seoul on March 16. The partnership aims to combine Korean real estate income with decentralized Web3 finance. Under the agreement, K-Prop Korea is responsible for screening, managing, and ensuring compliance of high-value real estate assets within Korea, led by CEO Kim Sang Hong; K-Prop Limited, headquartered at the International Commerce Centre (ICC) in Hong Kong, is led by Head of Partnerships Joel Roberts, focusing on global Web3 expansion, Polygon network smart contract development, and international user growth.

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