Focus AI has completed the acquisition of Busan Digital Asset Exchange and has become its largest shareholder
By: rootdata|2026/02/27 21:43:30
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According to Decrypt, Focus AI announced the completion of the payment for the acquisition of Busan Digital Asset Exchange. Focus AI ultimately obtained a 40.61% stake, officially becoming its largest shareholder and gaining operational control.
Busan Digital Asset Exchange is South Korea's first RWA tokenized exchange, currently supporting 23-hour digital trading of seven types of physical assets, including gold, silver, and platinum. Its participating KDX alliance recently received the first preliminary license for over-the-counter securities brokerage business for STO from the Financial Services Commission (FSC) of South Korea. Focus AI plans to leverage this acquisition to combine AI, payment, stablecoin, and e-wallet technologies to build the infrastructure for a Web3 payment platform and promote the development of RWA and STO businesses.
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