Hanwha Invests $22M in Digital Asset on July 16 to Expand Canton Network Strategy

According to an announcement on July 16, Hanwha Investment & Securities completed a strategic investment of approximately 30 billion won, or $22 million, in New York-based blockchain infrastructure company Digital Asset. The transaction builds on a memorandum of understanding signed in April and aims to strengthen Hanwha's participation in blockchain-powered financial infrastructure and the Canton Network ecosystem.

Digital Asset operates the Canton Network, an open blockchain platform designed for regulated financial institutions to support tokenization, management, and trading of financial assets. Hanwha said it intends to participate more actively in the ecosystem while expanding collaboration with international financial institutions adopting blockchain-enabled financial services.