The domestic virtual asset exchange Korbit announced on the 27th that it is actively promoting corporate transactions in collaboration with Shinhan Bank.
Through this collaboration, the two companies plan to respond quickly to attract corporate customers based on a close partnership and gradually expand corporate services in line with the roadmap announced by the Financial Services Commission. Korbit is currently developing strategic transactions with Shinhan Bank targeting various corporations, including state agencies and listed companies, centered around its corporate sales department.
Shinhan Bank is strengthening its role as a bridge between traditional finance and the virtual asset industry, laying strategic foundations to seize the corporate virtual asset transaction market. Shinhan Bank recently established a task force (TF) to respond to the virtual asset market and has begun a full-scale market approach. The TF discusses strategies to seize the virtual asset market, aiming to expand its influence in the market in line with the allowance of virtual asset transactions for corporations.
Additionally, Shinhan Bank plans to further strengthen its cooperation with Korbit, which has a real-name account partnership, and seek proactive marketing strategies, while also considering expanding partnerships with virtual asset custody firms. A Korbit official noted, “The collaboration with Shinhan Bank will be an important opportunity to open up the virtual asset market for corporate clients,” adding, “We will do our best to provide a stable virtual asset transaction environment for corporate clients in line with the Financial Services Commission's roadmap.”