Digital wallet infrastructure provider Kresus Labs raises $13 million.

PANews reported on February 19th that, according to CoinDesk, digital wallet infrastructure company Kresus Labs announced the completion of a $13 million (approximately 18 billion Korean won) funding round, with Hanwha Investment & Securities participating. The new funds will be used to expand its enterprise digital wallet infrastructure, real-world asset (RWA) tokenization platform and on-chain financial workflows, as well as to build digital asset development tools for consumers and institutions, including wallet recovery technology and a multi-party computation (MPC)-based security system.

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