Techub News reports that Hanwha Investment & Securities of South Korea has invested approximately $13 million (180 billion KRW) in U.S.-based blockchain infrastructure company Kresus Labs. The investment stems from a memorandum of understanding signed during Abu Dhabi Finance Week last December, aimed at expanding Kresus's on-chain financial workflows. Kresus focuses on developing digital asset tools for consumers and institutions, including "seedless" wallet recovery technology that does not require traditional seed phrases, secure systems based on multi-party computation (MPC), and wallet infrastructure and RWA tokenization platforms that meet institutional standards.
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Techub News reports that Hanwha Investment & Securities of South Korea has invested approximately $13 million (180 billion KRW) in U.S.-based blockchain infrastructure company Kresus Labs. The investment stems from a memorandum of understanding signed during Abu Dhabi Finance Week last December, aimed at expanding Kresus's on-chain financial workflows. Kresus focuses on developing digital asset tools for consumers and institutions, including "seedless" wallet recovery technology that does not require traditional seed phrases, secure systems based on multi-party computation (MPC), and wallet infrastructure and RWA tokenization platforms that meet institutional standards.