South Korea's KB Financial Group establishes an AI and digital asset fund of approximately $67.29 million
Foresight News reports, according to Digital Asset, that South Korea KB Financial Group has established a 100 billion Korean won fund (approximately 67.29 million US dollars) for AI and digital assets, focusing on investing in Korean crypto startups, AI models, application services, data inference, and analytics technology companies. The fund is jointly funded by KB Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, and KB Life, and is managed by KB Investment.
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