Hanwha Investment & Securities Completes 30 Billion Won Investment in Digital Asset

Hanwha Investment & Securities announced on the 16th the completion of a strategic investment of approximately 30 billion won in Digital Asset Holdings LLC, a global blockchain infrastructure company specializing in finance, following a memorandum of understanding (MOU) signed in April. The investment enables Hanwha to participate in the Canton Network ecosystem, a financial-specialized open blockchain operated by Digital Asset. Digital Asset, headquartered in New York, operates Canton Network, an infrastructure adopted by major global financial institutions including Goldman Sachs and the Depository Trust & Clearing Corporation (DTCC).

Canton Network Provides Interoperability for Financial Institutions

Canton Network connects independent private networks operated by financial institutions while maintaining strict data privacy and control required by institutions. This interoperability is identified as a key strength of the platform. In South Korea, Shinhan Financial Group has also signed an MOU with Canton Network.

Hanwha Investment & Securities Expands Digital Asset Portfolio

Hanwha Investment & Securities has continued equity investments across the digital asset value chain. Following investments in digital asset data platform Xangle, Web3 infrastructure company Kresus, and real-world asset (RWA) tokenization firm Securitize, the Digital Asset investment expands the portfolio from data to tokenization and blockchain infrastructure. The company stated it will strengthen competitiveness in digital assets and next-generation financial services based on collaboration with global financial institutions.

Company Executive Highlights Infrastructure Role

Son Jong-min, Executive Director of Future Strategy at Hanwha Investment & Securities, stated that Digital Asset's Canton Network infrastructure and technology will play a core role in advancing the company's digital asset platform. He added that the company will leap forward as a digital asset-specialized securities firm through cooperation with global technology companies.

FAQ

What did Hanwha Investment & Securities announce on the 16th?

Hanwha Investment & Securities announced the completion of a strategic investment of approximately 30 billion won in Digital Asset Holdings LLC, following an MOU signed in April.

What is Canton Network?

Canton Network is a financial-specialized open blockchain operated by Digital Asset. It connects independent private networks of financial institutions while maintaining data privacy and control. Major adopters include Goldman Sachs and the Depository Trust & Clearing Corporation (DTCC).