Korbit Partners with Shinhan Bank to Launch Corporate Services

Korbit, a domestic virtual asset exchange, announced on the 27th that it will collaborate with Shinhan Bank to launch corporate services in earnest.

Through this collaboration, Korbit plans to gradually expand its corporate virtual asset trading support services in line with the Financial Services Commission's virtual asset roadmap. It will also swiftly respond to attracting new corporate clients by leveraging its partnership with Shinhan Bank.

Korbit recently established a corporate sales department. It is known that Korbit is actively conducting business with various corporations, including for-profit and non-profit organizations, centered around this department in collaboration with Shinhan Bank. A Korbit representative stated, "The collaboration with Shinhan Bank will be an important opportunity to pioneer the corporate client market," and added, "We will do our best to provide a stable virtual asset trading environment for corporate clients in line with the Financial Services Commission's roadmap."

Meanwhile, Shinhan Bank recently formed a task force (TF) to respond to the virtual asset market. Shinhan Bank is devising strategies to preempt the virtual asset market through the TF. It is also considering strengthening its cooperation with Korbit, with which it has a real-name account partnership, and expanding partnerships with virtual asset custody companies.