PANews
PANews|Feb 27, 2026 11:32
[Focus AI Completes Acquisition of Busan Digital Asset Exchange and Becomes Its Largest Shareholder] According to NEWSPIM, Focus AI has announced the completion of the remaining payment for the acquisition of Busan Digital Asset Exchange. Focus AI has ultimately acquired 40.61% of the shares, officially becoming its largest shareholder and obtaining management rights. Busan Digital Asset Exchange is South Korea's first RWA tokenization exchange, currently supporting 23-hour digital trading of physical assets such as gold, silver, platinum, and other seven types of precious metals. The KDX Alliance, in which it participates, recently received the first preliminary license for OTC securities trading brokerage for STOs issued by the Financial Services Commission (FSC) of South Korea. Through this acquisition, Focus AI plans to integrate AI, payment, stablecoin, and e-wallet technologies to build Web3 payment platform infrastructure and promote the development of RWA and STO businesses.
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