Korbit Partners with Shinhan Bank... "Full-Scale Entry into Corporate Market"

Virtual asset exchange Korbit announced on the 27th that it will actively promote corporate sales in collaboration with Shinhan Bank.

Through this collaboration, the two companies plan to quickly respond to attracting corporate clients based on a close partnership and gradually expand corporate services in accordance with the roadmap announced by the Financial Services Commission.

Korbit is currently actively conducting strategic sales with Shinhan Bank targeting various corporations, including government agencies, listed companies, for-profit corporations, and non-profit organizations, centered on its corporate sales department.

Shinhan Bank is strengthening its role as a bridge between traditional finance and the virtual asset industry and is preparing strategic measures to secure a leading position in the virtual asset trading market for corporations.

A Korbit official stated, "Cooperation with Shinhan Bank will be an important opportunity to pioneer the virtual asset market for corporate clients," adding, "We will do our best to provide a stable virtual asset trading environment to corporate clients in line with the Financial Services Commission’s roadmap."

Shinhan Bank recently established a task force (TF) to respond to the virtual asset market and has begun full-scale market penetration. The formed TF is discussing strategies to secure a leading position in the virtual asset market and is pursuing plans to expand its influence within the market in line with allowing corporate virtual asset trading.

Additionally, Shinhan Bank plans to further strengthen cooperation with Korbit, with which it has a real-name account partnership, and seek active marketing measures. Expansion of partnerships with virtual asset custody companies is also being considered.