Dinotisia said on Monday it has selected Korea Investment Securities and Shinhan Securities as joint lead underwriters and has begun full-scale preparations for an initial public offering. The company said it will prepare the entire listing process, from a technology assessment to preliminary review. It said it completed the VDPU design and tape-out for foundry production and aims to secure its first silicon chip in June. It also cited sales from its Seahorse vector database.

The Korea Fintech Industry Association called on financial authorities to reconsider proposed ownership dispersion rules for digital asset exchanges, warning the plan could undermine the domestic industry’s growth base and weaken innovation and global competitiveness. It said administratively dispersing ownership could reduce decision-making speed and accountability and could trigger legal disputes such as property-rights infringement and issues over retroactive legislation. The association proposed market-friendly governance measures such as promoting IPOs and stronger oversight.