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[Alpha Biz=(Chicago) Reporter Kim Jisun] KOSDAQ-listed FSN has bought KRW 5 billion worth of convertible bonds (CB) from IT company T-Scientific, the largest shareholder of virtual asset (cryptocurrency) exchange Hanbitco and the third largest shareholder of Bithumb.
On the 24th, FSN announced that it will acquire the 18th CB issued by T Scientific for 5 billion won and establish a cooperative system for joint promotion of the blockchain business.
T Scientific is a company that provides services across IT and is building business areas ranging from mobile commerce, information protection and security, system integration (SI) and cloud services. It also operates 'Yescon', a mobile coupon delivery service. Last year, it invested in the global content platform 'OjiQ' and cooperated in the non-payable token (NFT) business using OjiQ's copyright contents.
With this investment, FSN and T Scientific have become mutual investment companies. Previously, T-Scientific bought the 12th CB issued by FSN.
In particular, the two companies plan to push the blockchain business together as a major new business.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
