Led by CKX Partners, with major VCs and securities firms participating to bolster the credibility of regulated financial infrastructure Building an integrated on-chain financial platform spanning custody, security, and compliance
Digital asset infrastructure technology company Fairsquare Lab (CEO Kim Joon‑hong) announced that it has successfully secured Series B funding from major domestic venture capital (VC) firms.
This funding round was led by CKX Partners, with Mirae Asset Capital, Korea Investment Partners, Korea Investment & Securities, Winvest Venture Investment, and DA Value Investment participating as co‑investors.
Fairsquare Lab is currently participating as a founding shareholder of a domestic digital asset consortium and is leading efforts to standardize financial infrastructure. It is involved in the token securities (STO) exchange “KDX Consortium” led by Korea Exchange (KRX), as well as the KRW stablecoin project “Sangpyeong (EverStable) Consortium,” which includes major banks and large corporations.
The company is also focusing on minimizing risk for financial institutions through a business structure that proactively incorporates financial regulators’ guidelines. Its subsidiary Korea Digital Asset Custody (KDAC) provides a proven custody infrastructure backed by Shinhan Bank, NH NongHyup Bank, Heungkuk Life Insurance, and Mirae Asset (Korbit), serving as a key gateway for the inflow of institutional investors.
In addition, its subsidiary Kloint, in which AI security company S2W is a major shareholder, provides incident prevention and investigative support services based on virtual asset data analysis technology, thereby enhancing transparency and trust in the market.
Business results are also becoming visible in the global market. Through “Project Pax,” conducted in cooperation with Japan’s Progmat, the company successfully completed the first‑phase pilot for a stablecoin‑based cross‑border payment infrastructure and is currently pursuing a second‑phase project to expand into the EU and Asia. In this process, it is strengthening its technological competitiveness through collaboration with global companies such as Ripple, Chainlink, Dfns, and zkSync.
Director Cha Sang‑hoon of CKX Partners said, “Fairsquare Lab is more than a simple technology company; it is an institution‑optimized company that places the highest priority on the stability of the financial system and regulatory compliance,” adding, “Based on its connectivity and interoperability with traditional finance, it will become a key partner in the transition to on‑chain finance.”
Team Head Kim Min‑joon of Korea Investment Partners also stated, “The shift to on‑chain finance is an inevitable trend, and the most important factor in that process is reliable infrastructure,” and added, “Fairsquare Lab will play a pivotal role based on its proven track record and network in the financial sector.”
Choi Yong-seok
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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