HancomWITH Invests in ArowanaTech to Enter Virtual Asset Business

[Asia Economy Reporter Bu Aeri] Hancom With, a subsidiary of Hancom Group, announced on the 13th that it has invested in a stake in 'Arowana Tech.'

Hancom With stated, "The purpose is to participate as a technology partner in the gold-based Arowana project."

The Arowana project aims to enhance trust in the gold distribution process through blockchain technology, promote the legitimization of the gold business, and provide a digital platform where individuals can easily trade gold.

The Arowana token is planned to be used in connection with services provided on the digital platform and in various other ways.

Arowana Tech is currently pursuing the listing of the Arowana token on virtual asset exchanges.

In addition to providing technology to Arowana Tech, Hancom With plans to actively link the Arowana token (ARW) with various new businesses it is promoting, such as digital asset platforms, XR convergence shopping malls, gold-based mobile gift certificates, and Hancom Pay, to support the distribution and expansion of the token.

Hancom With acquired a gold exchange in June last year. Since the acquisition, it has been establishing various business models with the goal of digital financial services integrating gold-based blockchain technology.

A Hancom With official stated, "The ultimate goal is to digitalize real assets and build an ecosystem where free cross-border transactions occur on a digital platform."

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