Yulchon LLC Launches Digital Asset Center to Deliver Comprehensive Digital Finance Solutions

Yulchon LLC has officially launched its Digital Asset Center, a dedicated initiative to deliver integrated legal and strategic advisory services for domestic and international firms navigating the rapidly evolving digital finance and digital asset landscape. The launch comes as Korea prepares to introduce the Digital Asset Basic Act, marking a pivotal moment for companies seeking clarity and compliance in this sector.

Building on its pioneering Virtual Asset & Blockchain Team, which was the first of its kind established among Korean law firms, Yulchon has expanded its expertise to a center that covers the full spectrum of digital asset innovation, regulatory compliance, and cross-border financial transactions.

Through this center, clients can access one-stop legal and business support—from structuring tokenized products to navigating complex licensing and cross-border regulatory filings—helping them accelerate market entry and innovation while managing compliance risks.

Comprehensive Expertise Across Digital Assets and Finance

The Digital Asset Center provides end-to-end advisory services across a wide range of areas, including: 

Yulchon anticipates key regulatory changes in the second half of this year, including the proposed enactment of the Digital Asset Basic Act, corporate access to the virtual asset market, and the establishment of new licensing frameworks. The center positions itself as a trusted partner for firms to operate amid rapid regulatory and market change.

Strategic Advisory and Leadership

The Digital Asset Center’s multidisciplinary team of over forty professionals operates through eight specialized task forces, covering key areas such as regulation, transaction, and dispute resolution –ensuring comprehensive coverage across the entire digital asset value chain

Attorneys Si Mok Kim and Ik Hyun Kim co-lead the center, bringing extensive experience advising major financial institutions, virtual asset platforms, and multinational corporations.

The center draws on their collective expertise to guide domestic and international firms entering the Korean digital asset and financial markets and complying with local regulations while pursuing innovative financial products and emerging investment opportunities.

Mr. Ik Hyun Kim described the center’s competitive edge: “The greatest strength of Yulchon’s Digital Asset Center lies in the combined expertise across diverse practice areas with eight dedicated teams covering all relevant fields.”

Looking ahead, Mr. Si Mok Kim emphasized Yulchon’s leadership in shaping market innovation: “We view digital assets as a catalyst for financial transformation. Through this center, Yulchon will play a leading role in supporting clients and regulators alike to build a sustainable digital finance ecosystem.”