Com2uS Holdings said on Sunday it signed a business agreement with digital asset custody specialist BDACS to build infrastructure for a won-denominated stablecoin.
The agreement was pursued to strengthen Web3 leadership by building blockchain-based financial infrastructure. The two companies plan broad cooperation, including joint research and development of a won stablecoin infrastructure, verification of technical feasibility, advancement of security systems and exploring ways to connect with regulated finance. The strategy is to identify new business opportunities in blockchain fintech.
Jongcheol Jang (장종철), an executive director in Com2uS Holdings' blockchain division, said, "As the Web3 market recently expands its touchpoints with regulated finance, reliability and stability are becoming more important than anything." He added, "By combining with BDACS' proven custody technology, we will build a solid fintech infrastructure that anyone can trust."
Chi-gyu Hwang
delight@d-today.co.kr