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TechFlow news — Korea Digital Asset (KODA), South Korea's largest institutional cryptocurrency custodian, has announced a capital increase of 3 billion won (approximately $2.25 million). This amount is roughly double KODA's current paid-in capital, though the investing entity behind the increase remains undisclosed.
KODA is a joint venture between KB Kookmin Bank, blockchain technology firm Hatchlabs, and blockchain investment company Hashed.
Korea Digital Asset (KODA), South Korea's largest institutional cryptocurrency custodian, announced it will receive a capital increase of 3 billion Korean won (approximately $2.25 million). This amount is roughly double KODA's current paid-in capital, though the investing entity has not been disclosed. KODA is a joint venture among KB Kookmin Bank, blockchain technology firm Hatchlabs, and blockchain investment company Hashd.
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