Kresus Labs Secures $13 Million in Funding to Enhance Digital Wallet Infrastructure

Kresus Labs, a digital wallet infrastructure provider, has announced the successful completion of a $13 million funding round. The investment, which reportedly includes participation from Hanwha Investment & Securities, will be directed towards expanding its enterprise digital wallet infrastructure and its Real World Assets (RWA) tokenization platform.

The company also plans to leverage the new capital to develop its on-chain financial workflows and to build digital asset tools for both consumers and institutions. These tools will include advanced wallet recovery technologies and security systems based on Multi-Party Computation (MPC).

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