KODA, the largest institutional cryptocurrency custody service provider in South Korea, has announced that it will receive an additional capital injection of 3 billion Korean won (approximately 2.25 million US dollars), which is roughly double its current capital. KODA is a joint venture between KB National Bank, blockchain technology company HATCHLABS, and blockchain investment company HASHD. The target company for this capital injection has not been disclosed yet.

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<p>News from TechFlow: South Korea's largest institutional cryptocurrency custody service, KODA, announced that it will receive an additional capital injection of 3 billion Korean won (approximately 2.25 million US dollars). This is roughly double KODA's current capital, and the target company for the capital injection is still unknown.</p>
<p>It is reported that KODA is a joint venture between KB National Bank, blockchain technology company Hatchlabs, and blockchain investment company Hashd.</p>
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South Korean KODA Secures $2.25 Million in Additional Funding