1、Executive SummarySouth Koreas Web3 market is at a unique inflection point.Regulatory tailwinds are lowering institutional barriers while raising security baselines,and super-app distribution led by leading Web2 corporations is turning once-experimental use cases into real consumer products.This shif
2、t introduces a uniquely demanding threat model for security.Concentrated retail assets on a handful of platforms,complex vendor and supply-chain dependencies,and persistent state-linked adversaries create a higher bar for security.In Korea,security is not just smart contract security;its key managem
3、ent and upgrade safety,custody and monitoring discipline,workforce and insider controls,and operational readiness when things go wrong.CertiKs 2025 Skynet Korea Web3 Security&Ecosystem Report profiles South Koreas market landscape and leading platforms,analyzes security incident patterns and loss dr
4、ivers,decomposes the attack surface into actionable controls,and illustrates the growing segments within the market.Key TakeawaysThe outsized role of Web2 companies sets enterprise-grade security expectations.Regulatory reforms enable institutions while raising the security floor.Recurring vulnerabi
5、lities and a persistent state-backed adversary define thesecurity landscape.South Korea is unique in the active role that major corporations play in their Web3 ecosystem,onboarding Web2 users at scale.Kaia(Kakao/LINE)and WEMIX exemplify top-down,super-app distribution with heavy upfront security and
6、 compliance.Kaia and WEMIX are rated among the top of Korean companies according to Skynets security ratings due to their high security standards.South Korea continues to lead the charge in Web3 regulation.VAUPA mandates 80%cold storage,segregated client fiat,1:1 reserve matching,insurance/reserve f