Hanwha Liquidates Two Blockchain Units in Korea and US, Removes Them From Consolidation
Summary
- Hanwha Group liquidated Enterprise Blockchain and Enterprise Blockchain Inc. in the first half of 2026 and removed them from its consolidated subsidiaries.
- The two entities were tied to Hanwha Group’s blockchain and digital platform business, and the half-year report listed the reason for their exclusion as liquidation.
- Hanwha’s consolidated subsidiaries increased to 859 from 846 at the start of the year, while unlisted subsidiaries rose to 848 from 835.
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Hanwha Group liquidated two enterprise blockchain-related entities in South Korea and the US during the first half of 2026 and excluded them from its consolidated subsidiaries.
Digital Asset, a media outlet focused on virtual assets, reported on August 31, citing Hanwha’s amended half-year report for 2026, that the company liquidated Enterprise Blockchain Co. and its US unit, Enterprise Blockchain Inc., in the first half.
Both companies were tied to Hanwha Group’s blockchain and digital platform business. In the half-year report, the reason given for excluding both from consolidation was liquidation.
Hanwha had 859 consolidated subsidiaries as of the end of June, up from 846 at the start of the year. During the first half, 59 were added and 46 were removed. The number of unlisted subsidiaries rose to 848 from 835. Overseas entities are classified as unlisted companies.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.