South Korea's largest cryptocurrency custody institution KODA announced that it has raised approximately $2.25 million in funding

ChainCatcher news, South Korea's largest institutional cryptocurrency custody service provider, Korea Digital Assets (KODA), announced that it will receive a capital increase of 3 billion KRW (approximately 2.25 million USD). This is about twice the capital of KODA, and the target company for the capital increase is still unclear.

It is reported that KODA is a joint venture of KB Kookmin Bank, blockchain technology company Hatchlabs, and blockchain investment firm Hashd.