Wallet infrastructure company Kresus Labs has raised approximately 18 billion won ($13 million) in investment from Hanwha Investment & Securities, one of South Korea’s largest financial institutions.
The investment follows a memorandum of understanding signed in December at Abu Dhabi Finance Week and aims to expand Kresus’ digital wallet infrastructure, real-world asset (RWA) tokenization platforms and onchain financial workflows.
The wallet and blockchain infrastructure company develops digital asset tools for both consumers and institutions, including “seedless” wallet recovery technology and multi-party computation (MPC)-based security systems.
Seedless recovery refers to the means to restore access to a digital asset stored in a wallet without having to use the traditional flow of 12-24 random words, which may prove to be a barrier to access for some.
Kresus also operates wallet infrastructure and tokenization platforms designed to meet institutional compliance and operational requirements.
Hanwha plans to use Kresus’ technology to enhance its customer-facing digital asset services and to develop tokenized versions of traditional financial products. For established financial firms, wallet security and compliant tokenization frameworks remain key barriers to deeper engagement with blockchain-based markets.
The increase underscores how capital continues to flow into infrastructure providers even as broader crypto markets are volatile. Instead of supporting speculative tokens, institutions are increasingly turning to escrow, security and tokenization layers that can plug into existing financial systems.
