Crypto
Smashfi CEO says only bitcoin works as long-term saving asset
Baek Hoon-jong (백훈종), CEO of DA Ground, which runs bitcoin accumulation service Smashfi, said he concluded bitcoin is the only cryptocurrency suitable for storing value and long-term saving. The company launched the centralized crypto finance service Sandbank in 2021 but shifted to a bitcoin-focused model after introducing Smashfi in October 2023. Baek said Smashfi targets self-custody users globally and plans further overseas expansion.
