Share this article
KB Asset Management Launches Blockchain Mutual Fund: Report
The fund will invest predominantly in U.S. companies, with lesser amounts in Japanese, European and Chinese firms.
Updated May 11, 2023, 7:04 p.m. Published Sep 6, 2021, 9:02 a.m.
KB Asset Management, the investment arm of KB Financial Group, South Korea’s largest financial company, has introduced the country’s first blockchain-focused mutual fund, the Korea Times reported Monday.
- The KB Global Digital Chain Economy fund will invest in three main areas, according to the report.
- One area of investment is companies that make the hardware required to support blockchain activities, such as Nvidia, AMD and Intel.
- A second arm is software companies providing blockchain-based services. Those include IBM, Amazon and Baidu.
- The third investment segment covers companies that use blockchain technology within their own businesses. PayPal, Square, NTT Data and Tencent were identified.
- The fund will invest predominantly in U.S. companies, with smaller allocations placed in Japanese, European and Chinese firms.
- KB Asset Management had more than $90 billion under management as of February, according to Korea Financial Investment Association data cited on the KB Asset Management’s website.
See also: Another Large Bank in South Korea to Provide Custody of Crypto Assets
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Sky's Keel Starts $500M Investment Campaign to Boost RWAs on Solana
The Tokenization Regatta aims to allocate funds and support to projects bringing tokenized real-world assets to the Solana network.
What to know:
- Keel has launched a $500 million campaign to attract real-world assets (RWAs) to the Solana network.
- The initiative, called the Tokenization Regatta, offers capital allocation and support to selected projects issuing tokenized assets on Solana.
- More than 40 institutions have shown interest, Keel contributor Cian Breathnach said.
Top Stories
