Korea Investment & Securities Invests in Equity of Stock Price Prediction Competition 'RainbowDot'
Choi Seoryong, Head of Digital Platform Division at Korea Investment & Securities, and Park Sangwoo, CEO of Indexmine, are taking a commemorative photo.
View original image[Asia Economy Reporter Hwang Junho] Korea Investment & Securities announced on the 1st that it will invest 1 billion KRW (16%) in Indexmine.
Indexmine is a fintech startup that operates 'RainbowDot,' a financial product price prediction platform using blockchain technology. RainbowDot provides stock price information through public stock price prediction competitions among users. Korea Investment & Securities also supports the prize money for RainbowDot's stock price prediction contest, 'Prediction League.' The two companies plan to expand their cooperative relationship to strengthen competitiveness in digital platforms in the future.
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Choi Seoryong, Head of the Digital Platform Division at Korea Investment & Securities, said, "Starting with this collaboration with Indexmine, we will create synergies with various digital platforms and lead platform business within the securities industry."
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