Kresus Labs Secures $13 Million to Enhance Digital Wallet Infrastructure

Kresus Labs has announced the successful completion of a $13 million funding round. According to PANews, the investment was led by Hanwha Investment & Securities. The newly acquired funds will be directed towards expanding the company's enterprise digital wallet infrastructure, developing a platform for tokenizing real-world assets, and enhancing on-chain financial workflows. Additionally, Kresus Labs plans to build tools for both consumers and institutions, focusing on digital asset management, wallet recovery technology, and security systems based on multi-party computation.