According to Digital Asset, South Korea's KB Financial Group has announced the establishment of a 100 billion KRW (approximately $72 million) 'KB AX·Digital Asset Fund,' focusing on investments in core Korean digital asset companies, as well as tech firms specializing in AI models, application services, data inference, and analytics. The fund is jointly funded by KB Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, and KB Life, and will be managed by KB Investment. KB Financial stated that priority will be given to companies that can synergize with the group's business, aiming to promote the development of the digital asset ecosystem and AI transformation. https://(wublock123.com)/news/kb-financial-launches-1-trillion-won-ai-digital-asset-fund-64720