Hi Investment & Securities Signs Business Agreement with Social Investing Lab to Promote Token Securities Project

Hi Investment & Securities announced on the 30th that it has signed a memorandum of understanding (MOU) to promote the token securities business with Social Investing Lab, an operator of a stock trading platform based on social networking services (SNS).

The signing ceremony, held on the 29th at Hi Investment & Securities headquarters in Yeouido, Seoul, was attended by Hong Won-sik, president of Hi Investment & Securities, Han Dong-yeop, CEO of Social Investing Lab, and other officials.

This MOU between Hi Investment & Securities and Social Investing Lab aims to strengthen cooperation in the field of token securities, collaborating on discovering business models related to token securities, expanding partnerships with fractional investment companies, and providing content related to token securities.

Social Investing Lab operates 'Coffee House,' Korea’s first SNS-based stock trading platform, which combines traditional securities firms’ mobile trading systems (MTS) with SNS to enable account opening, stock trading, and networking with various investors.

Both companies plan to expand services to allow trading of token securities based on various underlying assets through the platform. Han Dong-yeop, CEO of Social Investing Lab, stated, "We will broaden our presence in the token securities market by also providing various educational and promotional content related to token securities within Coffee House, and we will continue to strengthen our strategic partnership with Hi Investment & Securities."

Hong Won-sik, president of Hi Investment & Securities, said, "Platforms like Coffee House are expected to play an important role in revitalizing the token securities market. Through collaboration with Social Investing Lab, we will discover business items and provide token securities of diverse and attractive assets."

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