Blockchain infrastructure company DSRV said on Wednesday it has secured a strategic investment from Hyundai Motor Group's Zero1ne Fund. The Zero1ne Fund is an investment platform created to identify Hyundai Motor Group's future new businesses and core technologies and to pursue open innovation.
DSRV said it plans to use the investment to review the industrial applicability of blockchain technology with Hyundai Motor Group and to lay the groundwork for future cooperation.
DSRV has provided blockchain infrastructure services based on blockchain node operations and staking infrastructure technology. The company said its experience operating various public blockchain networks and building infrastructure for corporate and institutional clients through in-house technology development had a positive impact on the investment.
Kim Jae-hong (김재홍), vice president at DSRV, said Hyundai Motor Group's investment was an important opportunity to strengthen DSRV's accumulated experience in operating blockchain infrastructure and its business capabilities. He said the company will continue to focus on advancing its technology so blockchain can create meaningful value in industrial settings.
Chi-gyu Hwang
delight@d-today.co.kr