Search results for Xangle
Crypto
Hanwha Investment & Securities increases Dunamu stake to 9.84 percent
Hanwha Investment & Securities said it decided to buy an additional 1,361,050 shares in Dunamu from Kakao Investment for about 597.8 billion won, representing a 3.90 percent stake. After the deal, its holding in Dunamu will rise to 9.84 percent from 5.94 percent. The company said it expects digital asset exchanges to expand beyond brokerage into custody, settlement and institutional services, and plans to strengthen related services and its value chain.
Finance
Google gains global payments clout as Korean financial groups step up growth industry support
Big Tech companies are pushing deeper into fintech, but results vary. Google has secured more than 150 million Google Pay users mainly in India and the United States, while Meta has yet to show clear traction since its Diem cryptocurrency project stalled. PayPal is moving to expand into AI and commerce, including a planned acquisition. In South Korea, financial groups and banks are rolling out funds, startup support and partnerships to back AI and other growth areas.
Crypto
Hanwha Investment & Securities to invest 10 billion won in digital asset platform Xangle
Hanwha Investment & Securities said on Thursday it completed a strategic investment worth 10 billion won in Xangle, a blockchain-based digital asset data platform. Xangle provides digital asset prices, research and on-chain data using data infrastructure and a global research network. The platform connects financial institutions at home and abroad with the web3 ecosystem. Hanwha said the investment will deepen cooperation between the two companies.