Aton said on Sunday it won a contract for a system-building project to respond to "Project Hangang phase 2" that KB Kookmin Bank is pursuing to formally introduce a digital currency system and lay the groundwork for commercialising deposit tokens.

Aton will implement functions that apply new features presented by the Bank of Korea and support convenience. It will also take charge of a response system for a pilot project to disburse state treasury funds as deposit tokens for building electric-vehicle charging infrastructure. Aton plans to design the system with a flexible structure so it can be expanded into various innovative services in the future.

Aton carried out the build of NH NongHyup Bank's response system for Project Hangang phase 1. Based on its digital asset platform VANTAGE, it also completed a proof of concept for a won-linked stablecoin–STO convergence model based on K-POP content with NH NongHyup Bank and Musicow. It has also verified a stablecoin-based direct payment (W2W) model by participating as a technology partner in tasks that Shinhan Card pursued with global Web3.0 companies including Visa, Mastercard and Solana.

Aton CEO Gil-soo Woo (우길수) said, "Being entrusted with KB Kookmin Bank's digital currency system following NH NongHyup Bank is the result of recognition of the technological capabilities and project execution capacity we have accumulated." He said, "Based on our experience building, operating and verifying various digital asset-related infrastructure and solutions, we will establish ourselves as a solid technology company in the future financial infrastructure market."