Haechi Labs and its subsidiary Korea Digital Asset have announced the appointment of Cho Jin-seok as the new CEO. Cho Jin-seok worked for 28 years at KB National Bank, where he founded Haechi Labs, Hashed, and KODA while leading the digital asset department. Cho Jin-seok stated that we plan to ensure growth resources by expanding capital and further developing technological capabilities for the transition to Web 3.0 to seize opportunities in the STO market. In the long term, we will develop KODA into Korea's leading comprehensive virtual currency asset financial company.

Golden Finance reported that CSpro (Hong Kong) Limited (CSpro, formerly known as Signum Digital Limited) announced the official launch of issuance, distribution, and investment services for security token offerings (STOs) in Hong Kong and began accepting applications from potential STO issuers. According to the press release, CSpro has obtained a license from the Securities and Futures Commission to conduct regulated activities of Type 1 (dealing in securities), with a CE registration number of BSH213, making it Hong Kong's first primary issuance and distribution platform specializing in STOs.