Coredax announced on the 30th that it had recently appointed Kim Seong-ryong, Chairman of Assetchain, and Kim Dong-hwi, CEO of Narae Electronics, as new inside directors through a temporary general meeting of shareholders. This appointment is interpreted as a move to simultaneously secure expertise and scalability in corporate governance.
Asset Chain is a technology-based company specializing in securities system construction and asset securitization. Chairman Kim Seong-ryong has experience leading KB Securities’ real asset securitization business and token securities collaboration with Galaxia Money Tree. He is evaluated as one of the industry’s leading practical leaders in blockchain-based capital market innovation.
Chairman Kim's addition to the board of directors is noteworthy in that it provides substantial impetus to Coredax's expansion of digital financial infrastructure and participation in the STO ecosystem.
Meanwhile, Narae Electronics, led by CEO Kim Dong-hui, is a mid-sized company with a manufacturing industry base for electronic components, automobile parts, and shipbuilding equipment. Recently, through a business agreement (MOU) with Coredocs, it has embarked on discovering new blockchain-based businesses, and it is expected to become an important link in the verification of a convergence model between the real industry and digital technology in the future.
Lim Yo-song, CEO of Coredax, said, “This board reorganization is not simply a personnel change, but is part of a strategic restructuring that blurs the boundaries between the digital asset industry and the real economy.” He added, “By having experts who have proven their skills in each field directly participate in decision-making, Coredax will be able to execute a more solid and scalable future strategy.”
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