iSTOX secures US$5mn from Hanwha Asset Management

Next-generation capital markets platform iSTOX has secured a USD 5 million investment from Hanwha Asset Management, South Korea’s leading comprehensive asset management company. The Korean financial leader’s investment in iSTOX follows similar partnerships with Thailand’s Kiatnakin Phatra Financial Group and Japan’s Tokai Tokyo Financial Holdings. Headquartered in Seoul, Hanwha Asset Management offers a full range of financial investment products in equities, fixed income, alternative investments and multi-asset strategies across Korea, South East Asia, China, U.S. and beyond. It is a subsidiary of Hanwha Life and is the largest shareholder of Hanwha Investment & Securities. iSTOX is the first regulated capital markets platform in any major financial centre to support the one-stop issuance, custody and trading of digitized securities.

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