Kresus Labs, a U.S. digital wallet and blockchain infrastructure provider, has secured about KRW 18 billion (roughly $13 million) in a strategic investment from Hanwha Investment & Securities — a move that underscores how traditional finance is shifting attention from retail trading to the infrastructure that powers digital assets. Why this matters - The funding targets the “plumbing” of crypto: secure wallets, enterprise systems, tokenization platforms and on-chain financial workflows that can be integrated into existing financial services. - Institutions are increasingly prioritizing controlled, enterprise-ready blockchain use cases over retail speculation. Wallet security and real-world asset (RWA) tokenization are now seen as foundational building blocks for those efforts. What Kresus will do with the capital Kresus said the investment will accelerate product development, enterprise deployments, and global partnerships — areas that typically demand long implementation timelines and rigorous security standards. The company offers consumer and institutional tools, including enterprise-grade digital wallets, RWA tokenization infrastructure, and on-chain financial workflow solutions. Security features in focus Kresus highlighted two core security innovations: - Seedless wallet recovery technology that reduces dependence on a single recovery phrase (a common single point of failure). - MPC-based security (multi-party computation), which splits signing and authorization across multiple components to avoid relying on one device or one key. Together these approaches aim to make wallets both harder to compromise and easier to recover — addressing two major obstacles to mainstream adoption. Deal context and timeline The investment follows a memorandum of understanding (MoU) signed between Kresus and Hanwha at Abu Dhabi Finance Week in December 2025. The companies noted the sequencing: MoUs often formalize intent and set up technical and commercial work before funding or deeper integration is finalized. Voices from the deal “This investment validates both our technology and the direction Kresus has taken as a company,” said Trevor Traina, Kresus’s founder. He emphasized the company’s focus on infrastructure that “works in real-world conditions,” from consumer applications “used at scale” to enterprise solutions for institutional requirements. Son Jong-min, chief strategy officer at Hanwha Investment & Securities, framed the partnership as a platform to enhance client-facing digital asset services and pursue tokenization tied to existing financial products: “Kresus’s unique wallet security technology and RWA infrastructure will play a core role in advancing Hanwha Investment & Securities’ digital asset capabilities.” He added that Hanwha will keep collaborating with global tech firms as it evolves toward a specialized digital asset securities business. Bottom line The deal is emblematic of a broader industry trend: established financial players are investing in backend infrastructure — wallets, tokenization, and secure on-chain systems — positioning themselves to offer compliant, enterprise-grade digital asset services rather than betting solely on volatile retail markets. Read more AI-generated news on: undefined/news

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