Hanwha Financial has signed memorandums of understanding with Web3 venture firm Liberty City Ventures (LCV) and digital asset data infrastructure company Xangle at the World Economic Forum in Davos. According to Foresight News, Hanwha Life Insurance will collaborate with LCV to jointly invest in global fintech companies and expand the digital financial ecosystem. Hanwha Investment & Securities will work with Xangle to collaborate on blockchain digital asset data and research.
During the forum, Hanwha Financial hosted the 'Hanwha Financial Fireside Chat,' where discussions on financial innovation challenges took place with LCV's founding partner Emil Woods, managing partner Murtaza Akbar, and Xangle's co-CEO Junwoo Kim. LCV focuses on Web3, tokenized assets, and financial infrastructure, while Xangle provides enterprise-grade solutions, on-chain data analysis, and research services for financial institutions and the Web3 ecosystem.