DB Securities is building STO and real-world asset infrastructure for Jeju on the OP Stack. More on why they picked infrastructure they can own, from @jinglejamOP below.
Toss didn't get 30 million users by being a crypto company. It got there by putting banking, payments, and credit in one app, until close to two-thirds of South Korea adopted it.
Korea has an estimated 16 million active crypto traders. A stablecoin sized to Toss's user base would be one of the largest regulated onchain money experiments anywhere, running inside an app most of the country already opens daily.
Michelangelo didn't get the Sistine Chapel because the Vatican loved his talent. He got it because the Medici family had already built the financial system to fund it. Patronage came before the paintings.
His article is about that jump, why creative economies only take off once someone builds the financial foundation underneath them, and why that foundation is being built right now.