US-based Kresus aims to make digital finance more secure and accessible through tools that help individuals and businesses manage digital assets without the risk of losing access to their funds. Their services range from convenient digital wallets to advanced platforms that allow institutions to trade physical assets, such as real estate, as digital tokens.

"This partnership marks a significant milestone in expanding Kresus's global presence," Trevor Traina, CEO and founder of Kresus, told Investing.com.

Kresus announced that Hanwha's KRW 18 billion investment supports its plan to develop enterprise digital wallet infrastructure, real-world asset tokenization platforms, and blockchain-based financial processes. Hanwha's support will also be used to develop Kresus's products and global partnerships.

"Institutions see the value of blockchain for asset tokenization, stablecoins, and other products that simply work better on the blockchain." "They are looking for reliable and experienced integration partners with expertise," Traina noted.

Seoul-based Hanwha, meanwhile, plans to leverage Kresus' technology to improve digital asset client services and develop initiatives to tokenize real assets linked to existing financial products.

Kresus and Hanwha previously signed a memorandum of understanding at the Abu Dhabi Investment Summit in December to create a next-generation digital asset infrastructure.

Under the terms of the memorandum, Kresus will provide Hanwha with technological tools—such as secure digital wallets and digital token creation software—to enable Hanwha to offer new, cutting-edge investments that are safe, legal, and compliant with the standards of major banks.

"Working with Hanwha allows us to accelerate corporate adoption and deepen our presence in key international markets," Traina added.

The companies said they will collaborate on everything from developing digital wallets and tokenizing financial instruments to blockchain finance infrastructure and joint research.