2026-2-23 20:16 |
Kresus, a US-based wallet and blockchain infrastructure provider, has announced a strategic investment of about KRW 18 billion (around $13 million) from Hanwha Investment & Securities, one of South Korea’s leading financial institutions.
The investment follows a memorandum of understanding signed at Abu Dhabi Finance Week in December 2025.
It will support Kresus’ expansion in enterprise digital wallet infrastructure, real-world asset tokenization platforms, and on-chain financial workflows.
“This investment validates both our technology and the direction Kresus has taken as a company,” said Trevor Traina, Founder of Kresus.
Kresus develops digital asset tools for both consumers and institutions, including seedless wallet recovery technology and MPC-based security systems, and operates enterprise-grade wallet and RWA tokenization platforms.
Hanwha Investment & Securities said it plans to use Kresus’s technology to strengthen its client-facing digital asset services and develop real-world asset tokenization initiatives linked to existing financial products.
“Kresus’s unique wallet security technology and RWA infrastructure will play a core role in advancing Hanwha Investment & Securities’ digital asset capabilities,” said Son Jong-min, Chief Strategy Officer at Hanwha Investment & Securities.
Kresus added that the funding will support product development, enterprise deployments, and the expansion of global partnerships.
The post Kresus Labs bags $13M funding from Hanwha Investment & Securities appeared first on Invezz
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