Crypto World

Kresus raises $13M from Hanwha to expand wallet and RWA infrastructure

Published

on

  • Hanwha invests KRW 18B ($13M) in Kresus to expand digital asset infrastructure.
  • Funding supports enterprise wallets, RWA tokenization, and on-chain workflows.
  • Deal follows MoU signed at Abu Dhabi Finance Week in December 2025.

Kresus Labs, a US-based digital wallet and blockchain infrastructure company, has raised about KRW 18 billion(roughly) in a strategic investment from Hanwha Investment & Securities.

The deal highlights how traditional finance is increasingly looking beyond crypto trading and toward the “plumbing” behind digital assets: secure wallets, enterprise systems, and tokenized products that can fit into existing financial services.

Strategic capital targets the infrastructure layer of digital assets

Kresus said the investment will support product development, enterprise deployments, and global partnerships, areas that typically require long implementation timelines and rigorous security standards.

The company builds digital asset tools for both consumers and institutions, and it operates enterprise-grade platforms for digital wallets and real-world asset (RWA) tokenization, along with on-chain financial workflows.

The investment follows a memorandum of understanding signed by Kresus and Hanwha Investment & Securities at Abu Dhabi Finance Week in December 2025, according to the companies.

Advertisement

That sequencing matters: MoUs are often used to formalize intent, outline collaboration areas, and set up technical and commercial work before funding or deeper integration plans are finalized.

Kresus also emphasized its security approach.  It offers seedless wallet recovery technology, designed to reduce reliance on a single recovery phrase that can be lost or stolen.

It also uses MPC-based security systems which broadly refers to splitting sensitive signing or authorization steps across multiple components so there is less dependence on one device or one key.

In practice, these designs aim to make wallets harder to compromise and easier to recover, two pain points that have limited mainstream adoption.

Advertisement

“This investment validates both our technology and the direction Kresus has taken as a company,” Trevor Traina, founder of Kresus, said in a statement.

He added that Kresus has focused on infrastructure that works in real-world conditions, from consumer applications “used at scale” to enterprise solutions built for institutional requirements.

RWA tokenization becomes a practical focus for financial firms

For Hanwha Investment & Securities, the partnership is framed as a way to strengthen client-facing digital asset services and to pursue tokenization initiatives linked to existing financial products.

RWA tokenization generally means creating blockchain-based representations of real-world financial claims or instruments, with the goal of improving how assets are issued, tracked, or transferred inside digital systems.

Advertisement

“Kresus’s unique wallet security technology and RWA infrastructure will play a core role in advancing Hanwha Investment & Securities’ digital asset capabilities,” said Son Jong-min, chief strategy officer at Hanwha Investment & Securities.

He said the firm will continue collaborating with global technology companies as it seeks to evolve into a specialized digital asset securities firm.

The announcement fits a broader industry pattern: established financial institutions are showing more interest in controlled, enterprise-ready blockchain use cases than in retail speculation.

Wallet technology and tokenization platforms are increasingly treated as building blocks, tools that can be integrated into existing product lines, rather than standalone consumer brands.

Advertisement

Source link

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version