Nikkei Opens Down 0.3%, Seoul KOSPI Up 0.3%

The divergence between Japan and South Korea at the open suggests regional markets are not moving in lockstep, which could reflect idiosyncratic factors rather than a shared macro catalyst. For crypto and RWA markets, this mixed signal offers little directional clarity, as equity sentiment in Asia often serves as a proxy for risk appetite. The key is whether this gap widens or converges through the session, which would indicate whether local drivers or broader flows are dominating. A narrow range implies consolidation, while a sustained split might hint at underlying stresses worth monitoring.