LucentBlock and KakaoBank Join Forces to Popularize STO

"We Will Contribute to Building a Secure STO Ecosystem"

LucentBlock announced on October 31 that it has signed a memorandum of understanding (MOU) with KakaoBank to expand public accessibility to the new securities market and to establish a secure infrastructure.

Lucentblock has signed a memorandum of understanding (MOU) with Kakao Bank to expand public accessibility to the new securities market and to establish a secure infrastructure. Lucentblock

This agreement aims to promote the healthy growth of the new securities market, including security token offerings (STO), and to strengthen investor accessibility. The two companies have agreed to: pursue initiatives to expand public accessibility to the new securities market; collaborate on proposals and improvements to build a secure infrastructure for the new securities market; and provide information and educational content on new securities to users and investors on each platform.

With this agreement, LucentBlock plans to lay the foundation for ordinary investors to easily and safely experience new financial innovations. Under the philosophy of "ownership opportunities for all," the company intends to create an environment in which anyone can easily own and trade a portion of assets through various real-world asset-based STO products.

Heo Seyoung, CEO of LucentBlock, stated, "Based on LucentBlock's technology and experience, we will contribute to building a transparent and secure STO ecosystem."

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