Huoxun Finance News, February 27th - According to NEWSPIM, FocusAI announced the completion of the final payment for its acquisition of the Busan Digital Asset Exchange. FocusAI now holds a 40.61% stake, officially becoming its largest shareholder and gaining operational control. The Busan Digital Asset Exchange is South Korea's first RWA tokenized exchange, currently supporting 23-hour digital trading of seven precious metal physical assets, including gold, silver, and platinum. The KDX consortium, in which FocusAI participates, recently received the first preliminary license from the South Korean Financial Services Commission (FSC) for STO over-the-counter securities trading brokerage business. Through this acquisition, FocusAI plans to combine AI, payment, stablecoin, and e-wallet technologies to build a Web3 payment platform infrastructure and promote the development of RWA and STO businesses.
Focus AI completes its acquisition of the Busan Digital Asset Exchange and becomes its largest shareholder.
2026-02-27 12:31:02
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