
Investments
45Portfolio Exits
5Funds
1Partners & Customers
2
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Latest Shinhan Investment Corp. News
Sep 29, 2023
On Wednesday, three major Korean securities firms, KB Securities, Shinhan Investment & Securitie s and NH Investment & Securities , announced a consortium for digital securities. Each already started working separately on security tokens. Together they hope to share costs and gain economies of scale to attract more issuers for security token offerings (STOs). Additionally, by sharing the same distributed ledger, they aim to reduce fragmentation. In some jurisdictions, multiple digital securities platforms have created silos that are not interoperable. And if other securities firms join the consortium, it will enhance these benefits even more. They also hope to establish industry standards. “Through the cooperation of the three securities companies, we will bring about great changes in the security token market,” said the companies in a joint statement. They continued, “We will lead the Korean financial market by opening a new financial paradigm.” As we’ve reported previously, the Korean focus has been more on web3 asset tokenization targeting retail investors rather than institutional issuers. Turning to the existing activities of each firm, all three had already developed alliances but this consortium takes things a step further. The three firms’ digital securities initiatives Last year KB Securities set up a standalone firm and formed the ‘ST Owners’ ecosystem. Its vision is to “enable consumers to own everything in the world.” Members include an art firm, an exhibition company and a real world asset issuance and distribution platform. Another member is SK C&C, the tech arm of SK Group. It has been working with blockchain startup Lambda256 on building its platform. In August 2022, KB Securities invested in Singapore’s ADDX , a digital securities issuer and exchange and one of the leading startups globally in the sector. As previously reported, Shinhnan Investment & Securities formed an STO Alliance earlier this year. It views it as an ecosystem of financial companies, tech firms and issuers and hopes to develop use cases. Around the same time, it ran a proof of concept (PoC). Turning to NH Investment & Securities, its alliance is the ‘STO Vision Group ‘. It frames the group as a consultative body and includes several fractional ownership and asset valuation firms. We believe it already involves several banks – Shinhan, Woori and Industrial Bank of Korea as well as some local banks. In August NH Investments launched an “ Investment Contract Securities All-in-One Service “. The offering provides a combination of advisory services, technical help, trust creation and fund transfer services. It started by working with an art sculpture investment company, Together Art.
Shinhan Investment Corp. Investments
45 Investments
Shinhan Investment Corp. has made 45 investments. Their latest investment was in CashWalk as part of their Series A on April 4, 2023.

Shinhan Investment Corp. Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/12/2023 | Series A | CashWalk | $22.69M | Yes | 1 | |
4/13/2022 | Series A | GGQ Company | $8.95M | Yes | 2 | |
3/2/2022 | Series B | Dr.Diary | $12.22M | Yes | 1 | |
2/8/2022 | Series A | |||||
12/16/2021 | Series A |
Date | 4/12/2023 | 4/13/2022 | 3/2/2022 | 2/8/2022 | 12/16/2021 |
---|---|---|---|---|---|
Round | Series A | Series A | Series B | Series A | Series A |
Company | CashWalk | GGQ Company | Dr.Diary | ||
Amount | $22.69M | $8.95M | $12.22M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 2 | 1 |
Shinhan Investment Corp. Portfolio Exits
5 Portfolio Exits
Shinhan Investment Corp. has 5 portfolio exits. Their latest portfolio exit was Coreline Soft on September 13, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
9/13/2023 | Acq - Pending | 1 | |||
Date | 9/13/2023 | ||||
---|---|---|---|---|---|
Exit | Acq - Pending | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Shinhan Investment Corp. Acquisitions
1 Acquisition
Shinhan Investment Corp. acquired 1 company. Their latest acquisition was Nam An Securities on July 08, 2015.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/8/2015 | Acq - P2P | 1 |
Date | 7/8/2015 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acq - P2P |
Sources | 1 |
Shinhan Investment Corp. Fund History
1 Fund History
Shinhan Investment Corp. has 1 fund, including Shinhan Consumer New Technology Investment Fund No. 2.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Shinhan Consumer New Technology Investment Fund No. 2 | Multi-Stage Venture Capital | Open | 1 |
Closing Date | |
---|---|
Fund | Shinhan Consumer New Technology Investment Fund No. 2 |
Fund Type | Multi-Stage Venture Capital |
Status | Open |
Amount | |
Sources | 1 |
Shinhan Investment Corp. Partners & Customers
2 Partners and customers
Shinhan Investment Corp. has 2 strategic partners and customers. Shinhan Investment Corp. recently partnered with Delio on July 7, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
7/26/2022 | Partner | United Kingdom | Delio and Shinhan Investment Corp team on digital asset services Delio , Korea 's first crypto bank , is pushing a collaborative initiative involving digital assets with Shinhan Investment Corp. , Korea 's largest securities company . | 1 | |
6/16/2014 | Licensor |
Date | 7/26/2022 | 6/16/2014 |
---|---|---|
Type | Partner | Licensor |
Business Partner | ||
Country | United Kingdom | |
News Snippet | Delio and Shinhan Investment Corp team on digital asset services Delio , Korea 's first crypto bank , is pushing a collaborative initiative involving digital assets with Shinhan Investment Corp. , Korea 's largest securities company . | |
Sources | 1 |
Shinhan Investment Corp. Team
1 Team Member
Shinhan Investment Corp. has 1 team member, including current Chief Executive Officer, President, DaeSuk Kang.
Name | Work History | Title | Status |
---|---|---|---|
DaeSuk Kang | Chief Executive Officer, President | Current |
Name | DaeSuk Kang |
---|---|
Work History | |
Title | Chief Executive Officer, President |
Status | Current |