Next Securities Establishes U.S. Subsidiary, Laying Foundation for Global Expansion
First Overseas Subsidiary Established in Delaware
Part of Strategic Infrastructure for Global Expansion
Next Securities (CEO Kim Seungyeon) is establishing its U.S. subsidiary, Next Markets Corp. The decision was approved by the board of directors on September 26, and the process is currently underway.
The new subsidiary will be established with an investment of 1 million dollars (approximately 1.4 billion KRW) from Next Securities, which will hold 100% ownership. Kim Seungyeon, CEO of Next Securities, is expected to be appointed as the first head of the subsidiary.
Through the establishment of its U.S. subsidiary, Next Securities aims to strengthen its consulting and support in the global finance and technology sectors. In addition, the company plans to secure a local network in conjunction with its new mobile trading system (MTS), which is currently under preparation, and to lay the foundation for expanding its global services in the future.
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A representative from Next Securities stated, "By establishing a subsidiary in the United States, the world's largest financial market, we will actively seek various overseas partnerships and new business opportunities." The representative added, "This establishment is more than just securing a foothold; it is a strategic infrastructure to ensure that Next Securities' services are successfully established in the global market over the long term."
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