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According to Golden Finance, Busan, South Korea, digital asset exchange announced the official launch on the 3rd, with a full investment of 10 billion won. Previously, the Busan City designated the Busan BDX Foundation, which consists of 11 companies, including ITcen, Barunson, Hana Bank, and Hana Securities, to be established and operated as the Busan digital asset exchange. Subsequently, the board of directors of Busan digital asset trading company appointed its first CEO, Sang-min Kim, at the end of March, formed an organizational structure, and clarified the business plan. The main business is expected to be real world asset (RWA) transaction support business. Busan digital asset exchange plans to improve asset Liquidity by streamlining RWA asset transactions and make Busan a global digital financial hub. 

Open Asset, a Token asset fintech company, announced the closing of a seed round of about $1.7 million with participation from Hana Ventures, Korea Investment Partners and Mashup Ventures. Open Asset plans to use the new funding to recruit talented people in areas such as business development, sales, service planning, and front-end development. It is reported that Open Asset is advancing solutions that enable financial institutions to easily and efficiently adopt Blockchain and trade Token assets. （Decenter）

Golden Finance reported that Humanscape, a blockchain-based decentralized patient network, completed a 20 billion won (about $15.34 million) Series C+ financing. The round of financing was participated by the Development Bank of Korea, Hana Securities and Asiana Ventures. The cumulative amount raised increased to 75 billion won (about 57.54 million US dollars). Previously, it was reported in May that Humanscape had completed a Series C financing of about $15 million.

PANews reported on December 21 that, according to DailyPharm, Humanscape, a blockchain-based decentralized patient network, completed a 20 billion won (about $15.34 million) Series C deferred financing, with the participation of Korea Development Bank, Hana Securities and Hana Venture Capital. With the completion of this round of financing, the total amount of Humanscape's Series C financing reached 40 billion won (about 30.69 million US dollars), and the cumulative financing amount increased to 75 billion won (about 57.54 million US dollars). It is reported that Humanscape is a blockchain-based decentralized patient network. Humanscape can help patients overcome their illness through intellectual and emotional interactions based on community-based activities. Patient-generated health data on the platform PGHD is fully vested in the patient. Previously, it was reported in May this year that Humanscape completed a 20 billion won Series C financing.

Danal Entertainment, a subsidiary of Danal, announced today that it has received an investment from Hana Financial Group's strategic fund. Through this investment, Danal Entertainment and Hana Financial Group will build a token securities (ST) ecosystem.

Odaily Planet Daily News Nike and its NFT main body RTFKT released a joint sneaker, which will go on sale on November 20. Previously, it was reported that the total NFT transactions issued by Nike's RTFKT reached $1.4 billion, with revenue reaching $170 million, and its NFT series included Clone X and Murakami Hana.

Odaily News Nike's RTFKT NFT sales totaled $1.4 billion and revenue reached $170 million, and its NFT collection includes Clone X and Murakami Hana. （The Block）

At the TechEd conference in Bangalore, India, German software giant SAP unveiled a series of AI tools and features designed to make developers more productive and enable them to build AI-powered custom applications, as reported by VentureBeat on November 3. Specifically, the company released AI-infused professional code tools and debuted vector database capabilities in the HANA Cloud, as well as a comprehensive AI foundation center that helps teams easily build LLM applications for different business use cases. JG Chirapurath, chief solutions and marketing officer at SAP, said in an interview that the company plans to roll out its own foundational model as businesses across industries continue to demand generative AI-driven applications.

According to news on August 14, Hana Securities will accelerate its security token business, and will complete the selection of external companies this month. It will seriously build a security token business model platform from September, and complete innovative financial services by the end of the year. application to promote cooperation with various digital asset-related companies.

According to PANews on August 14, according to E-Daily reports, South Korea’s Hana Securities announced that it will start building a security token business model platform from September, and complete the selection of external companies to establish the platform within this month. Hana Securities plans to complete the application for innovative financial services related to security tokens within this year to occupy the market. It is reported that Hana Securities is also promoting cooperation with digital asset companies. Previously, Hana Securities signed business agreements with major companies such as Print Bakery, Itcen, and Danal Entertainment to cooperate on various basic assets and sculpture investment platforms such as artwork, gold and silver, mobile content, and security token business. It also plans to expand its partnership model with platform companies for new assets, such as accounts receivable, real estate financing for small business owners, and digital content distribution. According to news in February, the South Korean Financial Services Commission plans to allow ST0 to be issued and circulated in the form of securities, which is different from virtual assets.

According to PANews news on July 24, according to Pulsenews citing sources, Hana Bank plans to conduct research on deposit certificate (CD, Certificate of deposit) tokens as part of its internal decision to participate in the proof-of-concept (PoC) process of the Bank of Korea Central Bank Digital Currency (CBDC) project. Other commercial banks have also shown interest, with Woori Bank recently publishing a report related to CD tokens through its research arm. CD tokens are based on blockchain technology to convert bank deposits into tokens. CD tokens in particular emerged after the collapse of Silicon Valley Bank (SVB) in March. On the other hand, CD tokens are based on the existing banking system, and transactions using CD tokens are settled through the CBDC issued by the central bank, which has higher reliability than stable coins. Another distinguishing feature of CD tokens is the need for identity verification, since they are issued based on bank deposits.

Jinse Finance reports that Hana Bank is beginning to explore blockchain-based deposit tokens for payment purposes. It recently decided to expand its participation in the Bank of Korea’s Central Bank Digital Currency (CBDC) experiment. These trials have not been formally confirmed. It is unclear whether this is for tokenized bank deposits or tokens backed by CBDC deposits.

Several major South Korean banks have joined a consortium of banks working on security token offerings (STOs), according to news on June 15. In April, Seoul-based NongHyup formed the alliance, which aims to create an ecosystem centered around security tokens. In South Korea, these are blockchain-powered versions of traditional investments such as stocks or bonds, but can also grant equity or other rights in real estate, investment funds or even artwork. Hana Bank, Shinhan Bank, and Woori Bank also joined NongHyup's consortium. The group also includes other fintech companies such as Funble, Trackchain (a subsidiary of fintech Aton) and Artipio, bringing the total number of members to 18. Earlier this year, South Korea legalized security token offerings in response to the growing demand and popularity of digital assets at home and abroad. (Blockworks)

Odaily Planet Daily News Several major banks in South Korea have joined a consortium of banks working on security token offerings (STO). In April, Seoul-based NongHyup formed the alliance, which aims to create an ecosystem centered around security tokens. In South Korea, these are blockchain-powered versions of traditional investments such as stocks or bonds, but can also grant equity or other rights in real estate, investment funds and even artwork. According to the Korea Herald, Hana Bank, Shinhan Bank, and Woori Bank have also joined NongHyup's consortium. The group also includes other fintech companies such as Funble, Trackchain (a subsidiary of fintech Aton) and Artipio, bringing the total number of members to 18. Earlier this year, South Korea legalized security token offerings in response to the growing demand and popularity of digital assets at home and abroad. (Blockworks)