Korea Capital Market Institute

Foundational AI Innovation by Startups and the Role of Venture Capital [Research Fellow] Kim, Jinyoung / Jun. 24, 2025 Artificial intelligence (AI) is widely recognized as a transformative technology driving structural shifts in the global economy and society in the 21st century. The domestic development of foundational AI technologies has emerged as a key national priority for many countries. An analysis of arXiv, a key platform for tracking global AI research trends, shows that the US publish... Financial Asset Formation Among Young Adults in Korea: Recent Trends and Policy Implications [Research Fellow] Lim, Nayeon / Jun. 24, 2025 Young households in Korea hold a larger share of financial assets relative to total assets compared to other age groups. Their financial asset portfolios are heavily concentrated in savings and deposits, with limited exposure to risky financial assets such as stocks, bonds, and funds. However, since the COVID-19 pandemic, interest in risky financial assets has grown significant... An Analysis of Competitive Fee Reductions in Korea’s ETF Market [Research Fellow] Kwon, Min Kyeong / Jun. 10, 2025 Korean asset management companies have recently engaged in aggressive fee-cutting competition, particularly in ETFs tracking major US indices. This development reflects a strategic response to multiple factors, such as strong first-mover advantages in the ETF market, surging investor demand, and intensifying competition from US-listed ETFs. While this competition benefits inves... Reassessing the Safe Asset Status of US Treasuries [Research Fellow] Jang, Bosung / Jun. 10, 2025 The recent episode of market volatility in April this year has reignited questions about the status of US Treasuries as the world’s principal safe asset. These concerns stem from growing structural vulnerabilities in the US Treasury market, including worsening fiscal conditions driven by the Trump administration’s renewed push to extend tax cuts, the risk of radical exchange ra... DTCC’s Decentralized Platform Composer X: Implications for Korea’s Digital Asset Infrastructure [Senior Research Fellow] Kim, Kab Lae / May. 27, 2025 On February 4, 2025, the Depository Trust & Clearing Corporation (DTCC), the central securities depository (CSD) of the US, officially launched Composer X, a comprehensive platform for managing the full lifecycle of digital assets. Composer X is an end-to-end solution that supports all stages of the digital asset lifecycle, from issuance and distribution to administration and r...