LucentBlock (CEO Heo Se-young), a resident company of Seoul Fintech Lab, a fintech startup incubation hub operated by the Seoul Metropolitan Government, has been selected for the 'Innovation Premier 1000' project jointly hosted by 13 government ministries including the Financial Services Commission.
The 'Innovation Premier 1000' project is a program that provides preferential policy financing and support in non-financial areas such as exports, IR, and consulting to small and medium-sized enterprises that have been recognized for their innovation and growth potential. A total of 509 companies are expected to benefit by the end of 2026. Lucent Block was finally selected among 128 companies recommended by the Ministry of Trade, Industry and Energy, and is the only company to have achieved results in the STO sector.
Established in Daejeon in November 2018, LucentBlock is the first innovative financial company outside the metropolitan area. It is building a platform that tokenizes real estate using blockchain technology and allows general investors to trade it.
A Seoul Fintech Lab official said, “Lucent Block’s recent achievement is an example of Seoul Fintech Lab’s startup support system bearing fruit,” and added, “We plan to continue to actively support fintech companies that lead the convergence of technology and finance.”
LucentBlock CEO Heo Se-young said, “With this selection, our STO technology has been recognized as an important axis of innovation in the real economy,” and added, “We will strive to create an environment where anyone can easily own assets through technological advancement and popularization.”
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