Xcure Teams Up With Naoris to Expand Quantum-Security Infrastructure Business in South Korea

Xcure, a smart-card developer, said on June 11 that it is accelerating its quantum-security-based digital-asset infrastructure business as the global stablecoin market expands.

The company is paying close attention to a recent announcement by World Liberty Financial, or WLFI, a global digital-asset project involving Donald Trump Jr. and Eric Trump. WLFI recently said on its official X account that it plans to make its dollar-pegged stablecoin, USD1, available on the blockchain platform Mova Chain.

WLFI also said it plans to apply security technology from global quantum-security firm Naoris to guard against hacking and data leaks. Against that backdrop, Xcure said it plans to step up its domestic quantum-security technology and digital-asset security infrastructure business through Naoris Korea, a joint venture it established with Naoris.

Its strategy is to strengthen security in virtual-asset trading and custody and provide security services tailored to growth in the stablecoin and digital-asset markets.

The company said the case shows Naoris's quantum-security-based technology is establishing itself as a key security player in global stablecoin infrastructure. As stablecoins expand into institutional finance, including payments and settlement, custody, wallets and real-world asset tokenization, the importance of security, authentication and transaction-approval technology is also growing.

Kim Ji-won, chief executive officer of Xcure, said the plan to apply USD1 to Mova Chain and adopt the Naoris security protocol shows the rising importance of next-generation security technology in the global stablecoin market. He added that Xcure aims to establish globally validated technology in the domestic market through Naoris Korea and convert that into tangible business results.

Kang Kyung-ju, Hankyung.com reporter, qurasoha@hankyung.com