Galaxia Moneytree Invests in AssetChain, a Token Securities Technology Company
Galaxia Moneytree announced on the 18th that it has invested in AssetChain, a company possessing technology related to token securities (ST). Following Five Node, a specialized company in token securities issuance (STO), the goal is to secure market dominance as a top-tier player in token securities through investments in technology companies.
AssetChain is a company with the leading market share in securities firm solutions and specializes in developing infrastructure related to STO. Since 2021, it has been carrying out STO projects for major securities firms, possessing a high level of understanding and technological capability regarding token securities. This recent investment was made in recognition of AssetChain’s deep understanding of securities firm infrastructure related to token securities and its extensive project experience.
A representative from Galaxia Moneytree stated, "Following Five Node, which specializes in token securities issuance such as renewable energy, we have invested in AssetChain, which has a track record and technological capabilities in developing token securities platforms with securities firms, to maximize synergy. Through this investment, we have been able to cover issuance, distribution, and all areas, securing an advantage in the token securities market."
They added, "In the future, we plan to establish a separate joint venture centered on AssetChain and its investee companies to enter the STO over-the-counter brokerage business."
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Recently, Galaxia Moneytree has been aggressively advancing its token securities business by signing business agreements with various partners and making investments. It participated in the first STO consortium in the banking sector, which included NH Nonghyup Bank. It also signed business agreements for renewable energy financial services with SK Securities, Eugene Investment & Securities, and has completed the application for innovative financial services.
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