Hana Bank Launches Blockchain-Based Fund Intermediation Service

[Asia Economy Reporter Kim Min-young] Hana Bank is launching a blockchain-based fund intermediation service.

On the 23rd, Hana Bank announced that it has started a fund intermediation service on ‘Be My Unicorn (BMU),’ Koscom’s blockchain-based unlisted stock market platform.

Hana Bank provides an escrow (third-party intermediary service) function for stock trading payments within BMU and oversees overall fund intermediation. Through ledger sharing based on blockchain, investors can check stock transaction settlements and deposit information in real time, enabling faster and safer payment of trading funds.

With the launch of this fund intermediation service, Hana Bank plans to actively promote corporate finance based on blockchain in the future. Through this, it aims to establish a blockchain ecosystem that supports overall corporate finance such as corporate investment and fundraising based on the unlisted stock trading infrastructure.

A Hana Bank official stated, “We will work together with startups, ventures, and small and medium-sized enterprises, which find it relatively difficult to receive corporate finance support in the early stages, to help them grow into excellent companies through technology finance fund support,” and added, “We will introduce innovative financial services utilizing blockchain technology in various areas of corporate finance going forward.”

This content was produced with the assistance of AI translation services.