Hanwha Investment & Securities invests $13M in Web3 developer Kresus

Hanwha Investment & Securities has invested 18 billion won ($13 million) in Web3 app developer Kresus, according to CoinDesk. The company plans to leverage Kresus's technology to enhance its digital asset services for clients and tokenize traditional financial products. The two parties signed a memorandum of understanding (MOU) in Abu Dhabi last December.