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Forta — AFSA Licensed Stablecoin Platform

Forta — AFSA Licensed Stablecoin Platform

Young Kim / June 1, 2026

Forta (포타) — Global Digital Finance Platform

Forta is a pioneering digital finance platform for which Tigervix served as development partner, working with AROOT (에이루트, KOSDAQ: 096690). In June 2026, AROOT's Forta became the first Korean enterprise to receive official stablecoin issuance and digital asset custody licenses from Kazakhstan's Astana Financial Services Authority (AFSA).

Historic License Achievement

The AFSA license represents a significant milestone:

  • First Korean Enterprise: First Korean company to secure a regulated stablecoin license from an international financial authority
  • Full Regulatory Compliance: Not a sandbox or test approval, but a formal license from a jurisdiction with complete stablecoin legislation
  • Comprehensive Authorization: Includes stablecoin issuance rights AND platform operation authority

This positions Forta alongside major global players like HSBC and Standard Chartered joint ventures that have received similar regulatory approvals in jurisdictions like Hong Kong.

USDFT Stablecoin

The platform's native stablecoin, USDFT (USD Forta):

  • 100% USD Reserve Backing: Full 1:1 reserve ratio with USD
  • Regulated Reserve Custody: Alatau City Bank selected as official reserve custodian
  • Transparent Operations: Regular audits and reserve attestations
  • EU-Standard Compliance: Designed for cross-border regulatory alignment

Use Cases

B2B Trade Payments

  • International freight and logistics settlements
  • Customs fees and trade documentation
  • Supplier payments across borders

Cross-Border Settlements

  • Real-time international transfers
  • Reduced FX exposure through stablecoin denomination
  • Lower transaction costs vs. traditional wire transfers

Global Remittance Network

  • CIS region expansion targeting Russia, Central Asia
  • Partnerships with logistics firms (ES Logistics MOU)
  • Integration with existing trade finance infrastructure

Technical Infrastructure

  • Blockchain Settlement Layer: Secure, transparent transaction recording
  • Regulatory Compliance Engine: Built-in KYC/AML workflows
  • Multi-Currency Support: Foundation for additional fiat-backed stablecoins
  • API Integration: Enterprise connectivity for B2B partners

Regulatory Framework

Operating within AIFC (Astana International Financial Centre) provides:

  • Common law jurisdiction
  • English language documentation
  • International arbitration
  • Tax incentives for fintech

Media Coverage

The AFSA license has been widely covered in Korean financial media:

  • Asia Economy (아시아경제)
  • Money Today (머니투데이)
  • E-Today (이투데이)
  • Green Economy News (녹색경제신문)

Development Partnership

As development partner, Tigervix contributed to:

  • Platform architecture and smart contract development
  • Integration with regulatory compliance frameworks
  • Technical implementation of stablecoin infrastructure

Vision

Forta represents the convergence of traditional finance compliance with blockchain efficiency. By securing proper regulatory licensing first, AROOT is building sustainable infrastructure for the future of cross-border commerce — not just crypto speculation, but real-world B2B utility.

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