Hanwha Group Becomes Largest Shareholder of Securitize with 9.6% Stake
Prefer us on GoogleHanwha Group has become the largest shareholder of the U.S. RWA project Securitize, holding a total of 15.6895 million shares, which accounts for 9.6% of the company, surpassing Blockchain Capital's 6.0% and co-founder Carlos Domingo's 5.4%. Hanwha Group holds 5.9%, 3.1%, and approximately 0.6% of the company's shares through its private equity fund, Hanwha Systems subsidiary H Foundation, and Hanwha Investment & Securities, respectively. This year, Hanwha Investment & Securities has invested a total of 58 billion KRW in projects such as the blockchain data platform Xangle, Web3 infrastructure company Kresus, and the operator of the institutional-grade blockchain network Canton Network, Digital Asset. Additionally, it has made an additional investment of 597.8 billion KRW in Dunamu, the parent company of the South Korean cryptocurrency exchange Upbit, increasing its stake to 9.84%.
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