Fintech company Finger (CEO In-joo Ahn) announced on the 11th that it will provide a ‘cloud-based STO integrated service’ to companies wishing to enter the token securities (STO) market together with Naver Cloud (CEO Yu-won Kim).
The two companies signed a memorandum of understanding (MOU) at Naver Cloud headquarters to jointly develop a security-to-value (STO) business model and create synergy within the financial market. This agreement aims to address the technological barriers to entry and regulatory challenges faced by companies pursuing STO projects.
Finger plans to combine its STO solution technology with Naver Cloud's financial-specific cloud infrastructure to provide an environment where companies can safely and quickly issue and manage token securities. The two companies will jointly operate an "STO Integrated Solution," encompassing the entire process, including STO product design, securities issuance consulting, and cloud-based integrated services. They will also promote service expansion through joint sales and marketing activities targeting the financial sector.
A Finger representative stated, “This collaboration provides a solution that enables companies to efficiently manage the complex STO environment,” and added, “By combining fintech technology and cloud infrastructure, we will support the digital transformation of the token securities market.”
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