IPVERSE (CEO Joshua Lee) announced that it has signed a virtual asset trust (custody) agreement with Korea Digital Asset (CEO Jin-seok Cho; hereinafter, KODA) to enhance the transparent trading environment and to safely manage and protect investor assets.
Through this agreement, IPVERSE project based on various Intellectual Property (IP) businesses will ensure the safety and transparency of virtual asset management by keeping IPVERSE tokens in KODA’s trust system, in line with the market’s increasing demand for transparency and safety in virtual asset distribution.
KODA is a virtual asset trust service company established by KB Kook-min Bank with Haechi Labs, a blockchain technology company, and Hashed, an investment company specializing in blockchain. It obtained ISMS and was reported as a virtual asset service provider (VASP) to Korea Financial Intelligence Unit (FIU). It provides specialized one-stop digital asset trust services to corporations and institutions through separate third-party storage and management in accordance with industry standards so that customers can safely store and operate virtual assets.
Joshual Lee, IPVERSE CEO, said, “In the past, it was difficult to check whether virtual assets were actually being circulated and managed transparently, but we will make every effort to create and expand a more meaningful ecosystem by providing a transparent virtual asset transaction environment and protecting investors through a trusted third party, KODA.”
Meanwhile, utilizing this agreement as a stepping stone, IPVERSE is stepping up to improve the credibility of its projects and advance the listing of major domestic and foreign exchanges by predicting in advance massive investor losses due to various accidents such as listing corruption, rug pools, and insider trading as well as incidents regarding LUNA, WEMIX, FTX exchanges, Binance US exchanges.
