[인사이트코리아=박지훈 기자] Shinhan Bank (Chief Jin Ok-dong) announced on the 7th that it will pursue a strategic equity investment in the Korea Digital Asset Trust (KDAC), a custody-specialized company, to enter the digital asset custody market.
According to Shinhan Bank, this investment aims to promote digital asset custudy R&D and joint projects with the virtual asset exchange Kobit, blockchain technology companies Blocko, and KDAC.
With this investment, Shinhan Bank secured the competitiveness of the customer’s digital assets, which will be expanded in the future, from accidents such as external hacking and embezzlement, and has secured competitiveness in the overall digital asset service using custudy and DeFi. It is expected to be equipped.
Through cooperation with investment partners, we plan to continuously create a business model that can improve customer convenience and diversify our asset portfolio, and through cooperation with KDAC, we plan to focus our capabilities on custodial services for institutional investors.
An official of Shinhan Bank said, “Digital asset custodial is an area where banks’ compliance capabilities and custody experience can be utilized well.” “We provide a safe and convenient digital asset management service to take the lead in the rapidly changing digital asset market, such as the enforcement of special laws We will respond with enemies and discover innovative customer service.”
Shinhan Financial Group Chairman Cho Yong-byeong said in a recent New Year’s speech, “In a situation where all companies, regardless of business, are digitally committed, the fate of Shinhan will also be influenced by’Digital Transformation’. He emphasized that all Shin-Koreans should accelerate their digital innovation with one heart.
Shinhan Bank is using blockchain technology for a variety of products and services, such as gold security service, doctor loan qualification verification, and policy loans for small business owners, and recently participated in the central bank’s digital currency technology verification project and discovering financial services using digital assets. Opportunities are actively promoted.