
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.