Hanwha Securities invested KRW 18 billion in Kresus, a United States-based Web3 company, to bolster its digital assets. Kresus is a Web3 specialist headquartered in the United States. The deal highlights the focus of traditional financial players on Web3 and digital-asset ventures as part of their broader technology strategies. Kresus, a U.S.-based Web3 company, will be central to Hanwha’s digital-assets initiatives.
Hanwha Securities has invested KRW 18 billion in Kresus, a United States-based Web3 company, to bolster its digital assets program. Kresus specializes in Web3 technologies and is headquartered in the United States. The deal underscores traditional financial players’ growing interest in Web3 and digital asset ventures as part of broader technology strategies.
Kresus will be central to Hanwha’s digital-assets initiatives, aligning with the firm’s strategy to expand exposure to blockchain-based services. This investment signals continued momentum among traditional institutions entering the Web3 space and digital asset ecosystems.
The move highlights a broader trend of financial institutions seeking strategic partnerships with Web3 companies to diversify assets and leverage emerging technologies in digital finance. As the digital assets landscape evolves, Hanwha’s partnership with Kresus may pave the way for further collaborations between traditional finance and crypto-focused ventures.
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