₩78 billion of seized crypto is the opening inventory: Seoul’s K-Asset project will consolidate public holdings while its 2026 strategy pushes tokenized government bonds. Custody and disposal now sit inside a state-run RWA stack, three months after a public-agency phishing failure lost 320 BTC ([strategy](https://www.korea.kr/news/policyNewsView.do?newsId=148968126); [custody disclosure](https://www.korea.kr/news/policyNewsView.do?newsId=148962458)).

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