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Search results for Hanwha Investment

Crypto

Digital Asset raises additional $10 million from Shinhan Financial, SC Ventures

Digital Asset, developer of the Canton blockchain, has raised an additional $10 million from South Korea’s Shinhan Financial Group and Standard Chartered’s SC Ventures. TheBlock reported the investment increased the company’s ongoing funding round to $365 million from $355 million, at the same $2 billion valuation as the previous round. Digital Asset last month announced a $355 million fundraising led by a16z crypto with participation from major institutions.

Crypto

Hanwha Investment & Securities invests 30 billion won in U.S. blockchain firm Digital Asset

Hanwha Investment & Securities has invested about 30 billion won in Digital Asset, a blockchain infrastructure company focused on global finance. The company said on July 16 it completed a strategic investment of about 30 billion won in Digital Asset Holdings. New York-based Digital Asset operates the Canton Network, an open blockchain for financial services adopted by major institutions including Goldman Sachs and the Depository Trust & Clearing Corporation.

Finance

FSC names 7 SME-focused brokerages to strengthen venture capital supply

South Korea\'s Financial Services Commission has designated seven securities firms as its sixth group of SME-focused financial investment companies to support funding for small and venture firms. The designation runs from July 10, 2026 to July 9, 2029. The FSC said it screened firms more strictly, focusing on capabilities and effects, and noted that designated firms have provided 17.9 trillion won in support over about 10 years.