According to ChainCatcher, cryptocurrency company Wavebridge has been officially approved by the South Korean Financial Intelligence Unit (KoFIU) to become a virtual asset service provider (VASP).

Wavebridge's core products include two platforms: Dolfin Global and Dolfin Korea. Dolfin Global is a regulated VASP platform headquartered in Lithuania. The platform currently provides virtual asset trading services to institutional and corporate clients.