Swiss DeFi Infrastructure Provider THORWallet Expands into Asia, Targeting South Korea’s Crypto Market
Swiss DeFi provider THORWallet is expanding into Asia, focusing on South Korea's active crypto market to offer its mobile, non-custodial wallet integrating DeFi and Swiss banking.Summary
Swiss-based DeFi infrastructure provider THORWallet is expanding its mobile-first crypto platform into Asia, specifically targeting the highly active South Korean crypto market. THORWallet distinguishes itself by integrating Swiss banking features, such as a Swiss IBAN, multi-currency account, and global payment card, directly within its non-custodial wallet, bridging decentralized finance with traditional financial infrastructure.
The company positions itself as DeFi infrastructure, facilitating over $1.5 billion in cross-chain swap volume by integrating networks like THORChain and Maya Protocol, allowing users to swap native assets across blockchains without wrapped tokens. This focus on mobile access and seamless cross-chain functionality aims to simplify complex blockchain interactions for everyday users.
THORWallet views South Korea as a strategic entry point due to its high retail participation, aiming to serve as a gateway connecting centralized exchange liquidity to global DeFi infrastructure before expanding further across dynamic Asian markets.
(Source：BeInCrypto)