Shinhan Bank announced on the 26th that it has signed a business agreement with Cross Angle, the operator of ‘Xangle’, which provides digital asset disclosure and evaluation information, to strengthen strategic equity investment and business cooperation.
The signing ceremony was held at the Cross Angle headquarters in the presence of Shinhan Bank’s Digital Strategy Group Head Jeon Pil-hwan, Shinhan Capital’s SI Finance Headquarters Sang-hoon Sang-hoon, Cross Angle Co-CEO Lee Hyun-woo, and Cross Angle Co-CEO Kim Jun-woo.
Cross Angle is the operator of Xangle, the only virtual asset evaluation and disclosure platform in Korea. Cross Angle is a platform company that publicly builds virtual asset information based on data analysis of more than 70 global digital asset exchanges, including Bithumb, Korbit, Coinone, and Huobi, and more than 3,000 virtual asset issuers (projects).
The agreement was made in conjunction with the investment of Shinhan Financial Group’s digital strategic investment fund ‘Wonshinhan Connect New Technology Investment Association No. 1’ operated by Shinhan Capital. Through this cooperation, Shinhan Bank plans to help customers easily access high-quality virtual asset information, thereby bridging the information gap and forming a sound investment culture.
Shinhan Bank and Cross Angle are jointly developing and promoting digital asset-related services within the platforms of both companies, developing new services that combine financial and digital asset data, and jointly discovering blockchain companies equipped with innovative technologies and mutual cooperation in business promotion. We are going to proceed.
A Shinhan Bank official said, “We will continue to discover new business models by making efforts to discover excellent blockchain technology companies. We plan to offer
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