Search results for 500 Global
Finance
IBK Industrial Bank of Korea to help 5 startups enter Silicon Valley with 8-week U.S. programme
IBK Industrial Bank of Korea selected five startups to provide a 12-week incubation programme in South Korea and the United States and support their entry into the U.S. market. Its startup platform, IBK Changgong, launched the fourth Silicon Valley accelerating programme at the COEX Startup Branch in Seoul on Wednesday. The programme is run jointly with global venture capital firm 500 Global.
Industry
MSIT steps up support for deep tech firms in R&D zones to expand globally
South Korea\'s Ministry of Science and ICT and the Innopolis Foundation are stepping up support for deep tech companies in research and development zones seeking to expand overseas. They are holding events on May 26 and 28 to create cooperation opportunities with global pharmaceutical companies and investors under the Global Boost-up Project. The ministry said it will strengthen global open innovation and overseas investment links to support technology transfers and fundraising outcomes.
Finance
IBM says financial order to change by 2030 as tokenised assets, stablecoins and CBDCs move into mainstream
Tokenised assets, stablecoins and central bank digital currencies are expected to move beyond testing and become core infrastructure for payments and capital markets by 2030, a report cited in South Korean media said. The shift could disrupt banks\' revenue structures and customer touchpoints. IBM outlined scenarios involving CBDCs replacing retail payments, stablecoins dominating cross-border payments, and tokenised securities reshaping capital market infrastructure, while highlighting cybersecurity and regulatory challenges.
