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Hana Financial, others team up on overseas money transfer service powered by blockchain

currencycoach by currencycoach
April 29, 2026
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Hana Financial Group Vice Chairman Lee Eun-hyung, left, Posco International CEO Lee Kye-in, center, and Dunamu CEO Oh Kyoung-suk pose for a photo during a ceremony marking their partnership in central Seoul on April 29. [HANA FINANCIAL GROUP]

Hana Financial Group Vice Chairman Lee Eun-hyung, left, Posco International CEO Lee Kye-in, center, and Dunamu CEO Oh Kyoung-suk pose for a photo during a ceremony marking their partnership in central Seoul on April 29. [HANA FINANCIAL GROUP]

 

Hana Financial Group, Posco International and the crypto exchange operator Dunamu signed an agreement on Wednesday to jointly develop blockchain-based, real-time cross-border money transfer services for global trade firms.


 

The tripartite partnership is expected to utilize the banking group’s overseas money transfer network, Posco International’s global supply chain and Dunamu’s blockchain technology to develop a model that combines the finance sector, digital assets and real economy.

 


 

Posco International, as an affiliate of Korea’s major steelmaker Posco, is a general trading corporation.
 Dunamu
 operates Upbit, the leading cryptocurrency exchange in the country.

 

The joint project will focus on developing the infrastructure needed to streamline international payments and global asset management, as well as identifying new opportunities in the field of digital finance.

 

Hana Financial Group will focus on developing products for overseas bank transfers while improving the speed of those transfers and providing related services to clients.

 

Posco International plans to use its global trade network as a real-world test bed and assess whether the jointly developed service functions properly. The company is also expected to lead its adoption within the industry.

 

Dunamu will provide technological and infrastructure support through the “GIWA Chain,” which enables the processing of large-volume transactions and enhances privacy protection.

 

“The trilateral agreement marks a crucial turning point for the organic integration of digital assets, finance and industry,” said Lee Eun-hyung, the vice chairman of Hana Financial Group, during a ceremony on Wednesday.

 

Posco International CEO Lee Kye-in said the agreement “has established a foundation for mid- and long-term partnership in the fields of digital financing and assets.”

 

“I look forward to seeing the company’s blockchain technology embody transparent and efficient financial services,” said Dunamu CEO Oh Kyoung-suk.

 

The Posco International and Dunamu CEOs also attended the ceremony held at the banking group’s Myeongdong corporate office. 

BY LEE SOO-JUNG [[email protected]]





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