[Crypto Exchange Backed by Citadel Securities Targets Asian Forex Market, Launches Korean Won Stablecoin-Related Products] According to a report by Jinse Finance, on March 24, a crypto exchange backed by Citadel Securities is launching the first blockchain derivative for one of Asia's most actively traded currency pairs — the Korean Won against the US Dollar. The global branch of U.S.-based EDX Markets, EDXM International, plans to introduce a perpetual futures contract tracking the Korean Won. Its goal is to provide a lower-cost digital alternative to traditional non-deliverable forwards (NDFs), which are commonly used to bet on regulated currencies.