Hanwha Investment & Securities CEO Byeong-ho Jang (장병호) (second from right) and Digital Asset Holdings LLC CEO Yuval Rooz (third from right) and officials from both companies pose for a photo after signing an MOU. (From right: Hanwha Investment & Securities Vice President In-seong Ahn, CEO Byeong-ho Jang, Digital Asset CEO Yuval Rooz, Hanwha Investment & Securities Managing Director Jong-min Son, Digital Asset Director Beatriz Callaghan) [Photo: Hanwha Investment & Securities]

Hanwha Investment & Securities said on April 20 it signed a memorandum of understanding with Digital Asset Holdings LLC, a global blockchain infrastructure company focused on finance.

Digital Asset, headquartered in New York, operates the Canton Network blockchain, which has been adopted by major global financial institutions including Goldman Sachs, the Depository Trust and Clearing Corporation, settlement infrastructure institution Euroclear, Hong Kong Exchanges and Clearing and HSBC.

The Canton Network is an open blockchain tailored for finance, with interoperability that enables free movement of assets and cooperation among financial institutions.

Hanwha Investment & Securities plans to strengthen competitiveness in digital assets and next-generation financial services by securing a foundation to cooperate with major global financial institutions on the same infrastructure through participation in the Canton Network.

Hanwha Investment & Securities CEO Byeong-ho Jang (장병호) said the Canton Network is next-generation financial infrastructure verified by major global financial institutions and that the cooperation will strengthen connectivity with the global financial ecosystem and proactively respond to changes in the future financial environment.

Keyword

#Hanwha Investment & Securities #Digital Asset Holdings #Canton Network #Goldman Sachs #HSBC
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