Hana Financial and SK Telecom acquire 25% and 10% of BitGo Korea shares respectively

Odaily News Digital asset custody company BitGo announced that its Korean subsidiary BitGo Korea has introduced Hana Financial Group and South Korean telecommunications company SK Telecom as strategic investors. Hana Financial and SK Telecom have acquired 25% and 10% of BitGo Korea's shares respectively. BitGo currently has approximately $70 billion in custody assets and has processed approximately $3 trillion in cumulative assets. In addition, BitGo Korea is applying for ISMS certification and VASP qualifications. Hana Financial will strengthen user protection through cooperation, while SK Telecom plans to combine its certification and security technology with BitGo services.