Galaxia Moneytree Signs MOU with Busan Digital Exchange and Five Node to Expand STO Ecosystem

Galaxia Moneytree announced on the 22nd that it has signed a business agreement with Busan Digital Exchange and Five Node to expand the token securities issuance (STO) ecosystem. Through this agreement, the three companies plan to closely cooperate for the development of the STO-related industry and the creation of the ecosystem.

Since last year, Galaxia Moneytree has signed business agreements with partners from various fields to develop token securities-linked products. In April of this year, it was designated as an innovative financial service by the Financial Services Commission for the "Aircraft Engine Trust Beneficiary Certificate Trading and Distribution Service," which is based on aircraft engines as underlying assets. Based on this business know-how, it plans to join forces with Busan Digital Exchange to develop token securities-linked products and expand blockchain-related businesses.

Busan Digital Asset Exchange is a blockchain STO digital asset exchange that prioritizes investor protection above all. It is continuously concretizing its business plans and is actively engaged, including organizing Blockchain Week in Busan (BWB) 2024. Five Node is a specialized company in STO business and blockchain development, cooperating in the development of token securities-linked products for various underlying assets and contributing to the creation of the STO ecosystem in Busan.

Kim Sang-min, CEO of Busan Digital Asset Exchange, said, “As a 4th generation digital product exchange, I am pleased to work together with Galaxia Moneytree and Five Node,” and added, “We will collaborate to ensure that good STO products can be traded.”

Shin Dong-hoon, CEO of Galaxia Moneytree, stated, “Busan Digital Exchange plays a central role in making Busan a global digital financial hub,” and said, “Through this business agreement, we will strive to make digital assets easy to trade.” He emphasized, “As the related market is activated, it is expected to provide new opportunities for investors.”