• South Korea’s Hanwha makes a $13 million bet on ‘seedless’ crypto wallets The South Korean financial firm backs the U.S.-based blockchain company to accelerate enterprise wallet technology and real-world asset tokenization. • What to know: Kresus has secured roughly $13 million (KRW 18 billion) from Hanwha Investment & Securities. • The funding will support enterprise wallet infrastructure and real-world asset (RWA) tokenization platforms. • The deal signals continued institutional investment in blockchain infrastructure despite uneven crypto markets. • Wallet infrastructure firm Kresus Labs has raised approximately 18 billion won ($13 million) in investment from Hanwha Investment & Securities, one of South Korea’s largest financial institutions. • The investment follows a memorandum of understanding signed in December at Abu Dhabi Finance Week and is aimed at expanding Kresus’ enterprise digital wallet infrastructure, real-world asset (RWA) tokenization platforms and onchain financial workflows.
Article Summaries:
- South Korea’s Hanwha makes a $13 million bet on ‘seedless’ crypto wallets The South Korean financial firm backs the U.S.-based blockchain company to accelerate enterprise wallet technology and real-world asset tokenization. What to know: - Kresus has secured roughly $13 million (KRW 18 billion) from Hanwha Investment & Securities. - The funding will support enterprise wallet infrastructure and real-world asset (RWA) tokenization platforms. - The deal signals continued institutional investment in blockchain infrastructure despite uneven crypto markets. Wallet infrastructure firm Kresus Labs has
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