According to CoinDesk, South Korea’s Hanwha Investment & Securities has invested approximately $13 million (KRW 1.8 billion) in U.S. blockchain infrastructure company Kresus Labs to advance its enterprise-grade digital wallet technology and real-world asset (RWA) tokenization platform. The funding stems from a memorandum of understanding signed in December last year during Abu Dhabi Finance Week, aimed at expanding Kresus’s on-chain financial workflows. Kresus focuses on developing digital asset tools for both consumers and institutions, including “seedless” wallet recovery technology (eliminating the need for traditional 12- to 24-word seed phrases) and MPC-based security systems, as well as institutional-grade wallet infrastructure and tokenization platforms. Hanwha plans to leverage this technology to enhance its digital asset services and develop tokenized traditional financial products, underscoring institutional interest in blockchain infrastructure despite crypto market volatility.
Hanwha Invests $13M in Kresus Labs to Advance Seedless Wallets and RWA Tokenization
TechFlowShare
Summary
Hanwha Investment & Securities has invested $13 million in Kresus Labs, a U.S.-based blockchain infrastructure company, to advance its digital asset news initiatives. The funding supports the development of seedless wallet recovery and tokenization of real-world assets (RWAs). The investment follows an agreement reached in December 2025 during Abu Dhabi Finance Week. Kresus is developing tools for on-chain financial workflows, serving both consumers and institutions, with a focus on MPC-based security and expanding adoption of digital assets.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.