ZDVC Makes Seed Investment in Shield Security, a Stablecoin Payment Platform

On July 9, early-stage startup investment firm ZDVC announced that it had made a seed investment in Shield Security, a neo-banking platform specializing in global export companies that utilizes stablecoins. This marks ZDVC's second global investment since the establishment of its first fund. The investment amount was not disclosed.

Shield Security is a B2B neo-banking platform targeting the Latin American trade market, designed specifically for export companies. By leveraging stablecoins, it provides ultra-fast banking and instant payment services, and has been recognized for increasing payment speed by more than tenfold compared to traditional solutions.

Through these innovations, Shield Security has rapidly established itself in the market, achieving a cumulative transaction volume of $50 million (approximately KRW 6.5 billion) within just one year of its launch. Notably, global venture capital firms such as Andreessen Horowitz (a16z), Kraken Ventures, and Alchemy Ventures have participated as investors.

Recently, stablecoins have emerged as a key trend both domestically and internationally, driving the rapid expansion of the digital currency ecosystem. In the United States, the passage of the Genius Act, which outlines the framework for stablecoin regulation, is accelerating innovation at the national level. South Korea is also laying the institutional groundwork by proposing the Digital Asset Basic Act, which includes regulations related to stablecoins.

Shield Security is recognized for its robust stablecoin payment infrastructure technology. The company has demonstrated technological excellence by innovatively improving traditional banking processes that previously required significant time and expense, and has achieved up to 80% reduction in remittance fees compared to existing methods, thereby enhancing cost efficiency. Shield Security has also secured credibility by obtaining various global licenses, including the U.S. Money Transmitter License.

Building on this investment, Shield Security plans to accelerate its global expansion in the B2B payments sector. The company aims to rapidly increase its market share in the B2B electronics trade market beyond its current presence in Latin America, with a focus on securing key clients and increasing transaction volume. Kim Hakyoung, CEO of ZDVC, stated, "Shield Security is overcoming the limitations of traditional financial systems and presenting a new paradigm in the global B2B export payment market. ZDVC decided to invest, highly valuing Shield Security's unique technology and growth potential."