Connect with us

Cryptocurrency

Korea’s Shinhan Financial institution makes strategic funding in crypto custody consortium By Cointelegraph

Published

on


Korea’s Shinhan Financial institution makes strategic funding in crypto custody consortium

Shinhan Financial institution, the oldest banking establishment in South Korea, continues its efforts to introduce digital-asset custody providers with a brand new funding.

In accordance with a Thursday report by information company Yonhap, Shinhan Financial institution has invested in Korea Digital Asset Belief, or KDAC, an business consortium of companies that present digital-asset custody. The initiative was launched by Korbit in collaboration with blockchain startup Blocko and digital-asset analysis firm Truthful Sq. Lab.