SK Securities (CEO Kim Shin) announced on the 12th that it has completed equity investment in DGB Daegu Bank and Infinite Block, a digital asset trust company. This is the first time that a securities firm has invested a strategic stake in a digital asset trust (custody) company.
With this investment, SK Securities plans to play a leading role in the market through cooperation in various platform businesses such as issuance, operation, and management services of ‘Securities Token (STO)’ and ‘NFT’ based on ‘Digital Asset Trust Platform’.
Infinite Block is developing a blockchain-based fintech platform that attracts freeseeds (initial investment) through ‘FinTech Innovation Fund’ and improves stability and convenience. It also plans to launch a digital financial infrastructure platform that is used not only in the digital asset market but also in the traditional financial market based on scalable blockchain technology.
“Financial companies with trust have joined hands with blockchain-based fintech startups,” CEO Kim Shin said. “We will create a platform that allows companies to operate and manage digital assets more safely and conveniently in this market, which is in crisis due to the Luna crisis and hacking.”
In addition, we would like to contribute to creating and expanding related ecosystems in line with the legalization of digital assets such as securities-type tokens.