KRWQ and a Citadel backed crypto exchange are launching the first ever blockchain-based derivative of the Korean won!
KRWQ was created by IQ with cash flows and fees going to IQ.
KRWQ and Citadel backed EDXM International are launching the first blockchain-based derivative of the Korean won!
The news is out on Bloomberg.
KRWQ is the first Korean won stablecoin.
5. And beyond Korea 🇰🇷, @KrwqCash was represented at @proofoftalk in Paris 🇫🇷 by @sonellylim, continuing conversations around stablecoins and the future of onchain finance.
https://t.co/HMvt3zxzwb
Been a minute since we did one of these but we've got a couple of updates to share 🧠
From classrooms in Seoul 🇰🇷 to conversations in Paris 🇫🇷, here’s what moved across the $IQ ecosystem this week! 👇
4 @iqwiki continues to publish blockchain explainers, including a breakdown of the difference between paper loss (unrealized loss) and realized loss during market volatility.
https://t.co/ou20Ip9Gi0
Everyone’s talking about the “$1B loss” from Forward Industries.
But here’s the part most people are missing:
It’s largely a paper loss 🧻🧻
Forward bought billions worth of SOL at much higher prices. Since SOL has dropped, the value of those holdings dropped too.
That doesn’t automatically mean they lost $1B in cash.
Think of it like buying a house for $500k.
If the market later values it at $300k, you’re down $200k on paper. But the loss isn’t locked in unless you sell.
Same idea going on here here.
The reason crypto Twitter is watching closely is 'cos Forward just moved $32M worth of SOL to Coinbase Prime.
And large transfers to exchanges often make people wonder:
“Are they preparing to sell?” 🤔
That’s the real story. Not just the loss itself.
But whether large crypto treasury companies can keep holding through downturns without being forced to sell.
Stay tuned, there's more to come 👀
bitcoin:native is dropping again.
And as we can see, because some companies built their treasury strategy around bitcoin:native, they’re now sitting on massive unrealized losses 🚨🚨
So what happens during periods like this? Let's explain 👇👇
- Their Bitcoin reserves lose value.
- Investor confidence weakens.
- And their stock often falls harder than bitcoin:native itself.
Why is this so?
Because the company isn’t just exposed to Bitcoin price movements.
It’s also exposed to: debt pressure, dilution concerns, market sentiment, etc.
In bull markets, Bitcoin treasury strategies can accelerate growth ⬆️
In downturns however, they expose how dependent the company has become on BTC staying strong.
That’s the tradeoff behind corporate Bitcoin accumulation.
We keep watching 📺
Share & follow @iqwiki for more lessons on crypto ecosystem affairs 🧠
1/ May was another big month for IQ 🧠⚡️
KRWQ expanded to Solana and brought institutional access to Korean won liquidity through Fireblocks via Base, and gained visibility across Korean stablecoin research and policy discussions.
Here's what we shipped 👇
https://t.co/izTq7BwWzx
8 / Stay up to date with IQ 🧠
For the full breakdown of the IQ ecosystem progress this month, check the latest IQ Ecosystem Report on our blog:
https://t.co/ZASlLtnt5m
1/ May was another big month for IQ 🧠⚡️
KRWQ expanded to Solana and brought institutional access to Korean won liquidity through Fireblocks via Base, and gained visibility across Korean stablecoin research and policy discussions.
Here's what we shipped 👇
https://t.co/izTq7BwWzx
7/ IQ x CoinGecko: Korean Research on Naver 📚🇰🇷
CoinGecko's guide to Crypto Forks is now available in Korean through IQ's Korean-language Naver blog.
This continues IQ's push to make leading crypto research more accessible to Korean readers and strengthen @iqwiki's role as a multilingual knowledge layer for Web3.
https://t.co/BEnhRac5fO