On August 21, according to Yonhap News Agency, Shinhan Asset Management signed a quadrilateral business cooperation agreement with the Solana Foundation, compliance token issuance platform Etherfuse, and on-chain liquidity infrastructure Orca. The agreement aims to jointly advance the technical validation of the issuance and circulation process for KRW-denominated tokenized funds. The validation will cover aspects such as KYC/AML systems, blockchain operations, security audits, compliance with foreign exchange trading laws, and on-chain liquidity design, focusing on technical demonstrations in offshore markets.
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Shinhan Asset Management Signs Cooperation Agreement for KRW Tokenization Fund with Solana and Partners
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