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Industry

Hanwha Group opens Pompidou Center Hanwha in Seoul

Hanwha Group opened Pompidou Center Hanwha in Seoul, the world’s third Pompidou museum after Spain’s Malaga and Shanghai West Bund in China. Hanwha Culture Foundation held an opening ceremony on May 19 at the 63 Building annex in Yeouido, Seoul. Attendees included Hanwha executives and cultural figures as well as France’s ambassador to South Korea and the head of the Pompidou Center. The museum opens to the public on June 4.

Telecommunications & Media

KT unveils May customer rewards program with Baemin and Twosome discounts

KT is running its May “Daldal Benefits” and a customer rewards program featuring discounts across dining, shopping, leisure and culture. The second round of May rewards runs from May 18 to May 31. KT Membership customers can choose either 50 percent off all menu items at Twosome Place or 8,000 won off at Baedal Minjok x Norang Tongdak. Other offers run through May 31.

Crypto

CoinShares crypto asset manager to list on Nasdaq via SPAC merger

Crypto asset manager CoinShares will list on the Nasdaq through a merger with SPAC Vine Hill Capital, creating holding company CoinShares PLC. Shares will trade under the ticker CSHR. The deal was first announced in September and valued the company at about $1.2 billion including $50 million from institutional investors. Chief executive Jean-Marie Mognetti said U.S. listing is needed to grow in the U.S. market.