PANews February 27 News, according to NEWSPIM, Focus AI announced the completion of the remaining payment for the acquisition of Busan Digital Asset Exchange. Focus AI ultimately acquired a 40.61% stake, officially becoming its largest shareholder and gaining operational rights. Busan Digital Asset Exchange is Korea's first RWA tokenized exchange, currently supporting 23-hour digital trading of physical assets such as gold, silver, platinum, and other precious metals. The KDX alliance involved recently received the first preliminary license for an OTC securities trading broker business for STOs issued by the Korea Financial Services Commission (FSC). Focus AI plans to combine AI, payments, stablecoins, and electronic wallet technologies through this acquisition to build the infrastructure for a Web3 payment platform and promote the development of RWA and STO businesses.
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WaitPatientlyForTheR
· 20h ago
PANews February 27 News, according to NEWSPIM, Focus AI announced the completion of the remaining payment for the acquisition of Busan Digital Asset Exchange. Focus AI ultimately acquired a 40.61% stake, officially becoming its largest shareholder and gaining operational control. Busan Digital Asset Exchange is Korea's first RWA tokenization exchange, currently supporting 23-hour digital trading of physical assets such as gold, silver, platinum, and other precious metals. The KDX alliance involved recently received the first preliminary license for an OTC securities trading broker business for STOs issued by the Korea Financial Services Commission (FSC). Focus AI plans to combine AI, payments, stablecoins, and electronic wallet technologies through this acquisition to build the infrastructure for a Web3 payment platform and promote the development of RWA and STO businesses.
PANews February 27 News, according to NEWSPIM, Focus AI announced the completion of the remaining payment for the acquisition of Busan Digital Asset Exchange. Focus AI ultimately acquired a 40.61% stake, officially becoming its largest shareholder and gaining operational rights. Busan Digital Asset Exchange is Korea's first RWA tokenized exchange, currently supporting 23-hour digital trading of physical assets such as gold, silver, platinum, and other precious metals. The KDX alliance involved recently received the first preliminary license for an OTC securities trading broker business for STOs issued by the Korea Financial Services Commission (FSC). Focus AI plans to combine AI, payments, stablecoins, and electronic wallet technologies through this acquisition to build the infrastructure for a Web3 payment platform and promote the development of RWA and STO businesses.