Search results for POSCO International
Crypto
Hana Financial to invest 1 trillion won in Dunamu, targeting digital asset market
Hana Financial Group is making a strategic equity investment of about 1 trillion won in Dunamu, operator of South Korea\'s largest digital asset exchange Upbit. Hana Financial said Hana Bank will acquire a 6.55 percent stake for about 1.0033 trillion won from Kakao Investment, becoming Dunamu\'s fourth-largest shareholder. The two sides also signed an MOU to cooperate on blockchain-based remittances, a won stablecoin ecosystem, global business and digital asset wealth management services.
Finance
Stablecoin race for control spreads, KOSPI nears 7,000
Competition over global payment infrastructure centered on stablecoins is spreading across the financial industry. Hana Financial Group is moving to cooperate on blockchain-based remittances with Dunamu and POSCO International, while Visa is expanding its stablecoin pilot and adding five more blockchains. U.S. banks are calling for stronger in-house blockchain strategies, and Shinhan Card is expanding a Solana-linked proof-of-concept. Markets also remain strong, with the KOSPI holding above 6,600 and repeatedly hitting record highs.
Crypto
Hana Financial, Dunamu and POSCO International to cooperate on blockchain overseas remittances
Hana Financial Group, Dunamu and POSCO International signed a three-way memorandum of understanding on April 29 to develop an overseas remittance service by combining finance, industry and digital assets. The partners aim to develop a blockchain-based real-time overseas remittance service and verify its effectiveness in an environment where funds actually move. They plan cooperation on building the service, improving efficiency in global cash management and payments, and identifying digital finance business opportunities.
