Search results for Apanda Partners
Finance
Shinhan Investment expands STO business, fractional investing account management to four platforms
Shinhan Investment Corp has partnered with art fractional investment firm Together Art to expand its account management service for fractional investment platforms to four. It will provide Together Art users with securities account opening and linkage services needed to subscribe to fractional investment products. Shinhan Investment will also act as an account management institution, keeping investors’ deposits in separate accounts to distinguish them from operators’ funds.
Finance
Digital asset cross-industry ties spread as top 4 financial groups post 11 trillion won profit era
Big Tech, financial firms and payment companies in South Korea are widening digital-asset initiatives by teaming up with global blockchain companies. Kakao Group and Toss and Toss Bank are working with Circle to review stablecoin-based payment and settlement infrastructure and tokenised financial services. Banks are developing cross-border remittance and payment models. Separately, the top four financial holding groups posted combined first-half net profit above 11 trillion won, while regulators step up group-level oversight of fintech expansion.
Finance
Eight Percent acquires Apanda Partners to expand alternative investment platform
Online investment-linked finance company Eight Percent is acquiring token securities operator Apanda Partners to expand into the digital alternative investment market. Eight Percent said it made a strategic investment to become Apanda Partners\' largest shareholder. Key shareholders were reshuffled to include Eight Percent, Shinhan Investment Corp and EQBR. Apanda Partners plans to structure various asset-backed claims into digital products and will independently handle securities-related work after obtaining required approvals.