Meeting at KB Kookmin Bank’s Seoul headquarters explores joint blockchain initiatives
A view of the KB Financial Group building.
KB Financial Group announced that on April 28, at the KB Kookmin Bank headquarters in Yeouido, Seoul, it discussed measures for strategic cooperation in the blockchain sector with the American blockchain venture capital (VC) firm and hedge fund, Pantera Capital (hereinafter referred to as Pantera).
Pantera Capital, established in 2003, is a financial company specializing in blockchain investment that launched the first Bitcoin fund in the United States in 2013. It is a venture capital (VC) firm specializing in cryptocurrency, currently managing assets of approximately $5.2 billion (approximately 7 trillion won).
On this day, KB Financial Group and Pantera shared the latest trends in the global blockchain industry and explored points of convergence with KB Financial Group’s digital asset business agenda.
An official from KB Financial Group stated, “Through building a close relationship with a leading global fund, we will secure future financial competitiveness based on blockchain and accelerate the discovery of promising new global businesses.”
Yoon Young-sil
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