Korea Investment & Securities signs MOU with virtual asset exchange Bithumb

Korea Investment & Securities announced on the 26th that it had signed a memorandum of understanding (MOU) with virtual asset exchange Bithumb to provide asset management services.

The signing ceremony, held on the 24th at Korea Investment & Securities headquarters in Yeouido, Seoul, was attended by the leaders of both companies and other key officials. Bithumb is a leading domestic virtual asset exchange established in 2014.

Through this agreement, the two companies decided to cooperate in various ways to provide tailored asset management services for customers. They plan to hold regular conferences to provide various asset management insights, and to expand their service base by cross-providing content each company has accumulated in the securities and virtual asset fields, Korea Investment & Securities explained.

Earlier, Korea Investment & Securities held two conferences for Bithumb customers through its unit dedicated to ultra-high-net-worth individuals, GWM(Global Wealth Management). The conferences covered various areas that attracted strong interest from high-net-worth investors, including customized consulting on taxes and real estate, asset succession solutions using family corporations, and value investing in artworks.

Kim Seong-hwan, CEO of Korea Investment & Securities, said, "We expect that through cooperation with Bithumb we will be able to provide customers with a wide range of digital asset management services," and added, "We plan to continuously expand the areas of collaboration between the two companies through this agreement."

Jin Young-gi Hankyung.com reporter young71@hankyung.com