Hanwha Investment & Securities said on the 19th that it completed a strategic investment of 18 billion won in Kresus, a global Web3 (next-generation internet based on decentralization) specialist corporations.
Kresus, headquartered in the United States, is a Web3 infrastructure specialist corporations with seedless recovery technology that removes the need for users to manage complex passwords themselves and security technology based on MPC (Multi-Party Computation).
Building on this technological strength, Kresus operates an enterprise digital wallet solution and an RWA (Real-World Asset) platform.
Hanwha Investment & Securities signed a memorandum of understanding (MOU) with Kresus at Abu Dhabi Finance Week 2025 (ADFW 2025) in Dec. last year. Through this investment, the two corporations plan to move beyond a simple equity relationship and make medium- to long-term technological cooperation concrete.
Son Jong-min, executive director of the future strategy office at Hanwha Investment & Securities, said, "Kresus' unrivaled wallet security technology and RWA infrastructure will play a key role in advancing Hanwha Investment & Securities' digital assets," and added, "We will continue to work with top-tier global technology corporations to leap forward as a securities firm specializing in digital assets."