Mizuho Financial Group & Hana Bank

Mizuho Financial Group: Mizuho Financial Group's subsidiary, Hana Bank, is making a strategic investment in Upbit to enhance its competitiveness in the digital asset sector. The group has been actively venturing into digital assets through various partnerships.

Hana Bank: Hana Bank is acquiring a 6.55% stake in Upbit, marking the largest investment by a South Korean bank in a digital asset enterprise. This move is intended to secure competitiveness in the new financial landscape and accelerate financial innovation.

Mizuho Financial Group: As the parent company of Hana Bank and GLN International, Mizuho Financial Group benefits from the expansion of GLN International's payment services in China, enhancing its overall market reach.

Hana Bank: Hana Bank's subsidiary, GLN International, expanded its payment network in China, which could positively reflect on Hana Bank's global presence and financial technology offerings.