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AI & Enterprise

Yuanta Securities sees HectoInnovation growth extending to consolidated subsidiaries

Yuanta Securities said HectoInnovation’s second-quarter results showed growth in both its core business and consolidated subsidiaries, and it expects progress in its stablecoin business could lead to a different share-price pattern. The company posted second-quarter revenue of 102.83 billion won and operating profit of 12.88 billion won, up 12.0 percent and down 4.0 percent from a year earlier, respectively. Eugene Investment & Securities also cited continuing revenue growth and expectations for HectoHealthcare.

Finance

HectoFinancial emerges as core of stablecoin settlement

Mirae Asset Securities said HectoFinancial is emerging as a key player in stablecoin settlement after securing global direct-connection rails. Analyst Nami Kim said the company is expanding beyond account-based fintech platforms and payment gateway services into stablecoin rails, with policy expectations providing additional growth momentum. She highlighted benefits from the Circle partnership and completion of CPN-based infrastructure, enabling automated real-time cross-border settlement and plans to pursue global B2B payments and remittances.