Korean RWA Platform K-Prop Signs Memorandum of Understanding with Hong Kong Entity K-Prop to Advance Korean Real Estate Tokenization

DeepFlowTech · 2026-03-18T11:17:52+00:00

The South Korean real-world asset platform K-Prop signed a memorandum of understanding on March 16, combining domestic high-value real estate returns with decentralized Web3 finance. K-Prop Korea is responsible for asset selection and management, while K-Prop Limited leads global expansion and smart contract development.

DeepFlowTech

2026-03-18 11:17:52

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Deep Tide TechFlow News, March 18 — According to Chainwire, South Korea’s real-world asset (RWA) platform K-Prop announced that its Korean entity K-Prop Korea and Hong Kong operating entity K-Prop Limited officially signed a Memorandum of Agreement (MOA) in Seoul on March 16, aiming 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 South 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, overseeing the platform’s global Web3 expansion, Polygon network smart contract development, and international user growth.

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