Scallop CEO Kris Lai recently discussed the company's growth and strategic initiatives in an interview with Korea Economic Broadcasting. The Sui-based DeFi platform has seen significant expansion, particularly in Asian markets, as Korean interest in blockchain technology rises. Lai's appearance on the network underscores the increasing institutional recognition of blockchain projects. Scallop operates on the Sui blockchain, known for its scalability and reduced latency, which supports the platform's DeFi applications. The platform has achieved notable growth, managing 18% of Sui's total DeFi TVL. Scallop's security measures, including isolated lending markets and third-party audits, align with South Korea's regulatory focus on security. Looking ahead, Scallop plans to expand into key Asian markets such as Japan, Singapore, and Hong Kong, while enhancing its token utility and launching institutional-grade DeFi products. These efforts aim to solidify Scallop's position in the evolving DeFi landscape.