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Traditional financial giants are entering Web3: Hanwha Financial has reached strategic cooperation with LCV and Xangle
【Crypto World】During the World Economic Forum in Davos, Hanwha Financial Group signed multiple cooperation memoranda of understanding in quick succession. Its subsidiary Hanwha Life Insurance announced a joint effort with Web3 venture capital firm Liberty City Ventures (LCV), focusing on global fintech company investments and digital financial ecosystem development. Simultaneously, Hanwha Investment & Securities partnered with digital asset infrastructure provider Xangle to plan in-depth collaboration in on-chain data analysis and research.
This is not just a simple signing ceremony. Hanwha set up a “Fireside Chat,” inviting LCV founding partner Emil Woods, managing partner Murtaza Akbar, and Xangle co-CEO Junwoo Kim to sit down for an honest exchange about the real challenges of financial innovation. What can be felt is that traditional financial institutions are upgrading their understanding of the Web3 ecosystem.
LCV’s focus areas are Web3, tokenized assets, and financial infrastructure—these are currently some of the most imaginative sectors. Xangle specializes in enterprise-level solutions and on-chain data analysis, building an information bridge between financial institutions and the Web3 ecosystem. From investments to data, from strategy to tools, Hanwha Financial’s series of actions reveal a serious attitude from traditional capital toward the digital asset market. The maturity of Web3 ecosystem infrastructure is attracting increasing attention from mainstream financial participants.