A strategic bet on wallet infrastructure

Hanwha, one of South Korea’s largest financial conglomerates, has made a $13 million investment into a U.S.-based blockchain company focused on seedless crypto wallet technology.

The move reflects a growing institutional interest in improving wallet usability and security, particularly for enterprises exploring tokenized assets. Instead of backing speculative tokens, Hanwha is targeting infrastructure that could make digital asset custody easier to manage at scale.

This approach signals a focus on long term adoption rather than short term trading exposure.

What seedless wallets aim to solve

Traditional crypto wallets rely on seed phrases, which are typically 12 or 24 words that users must store securely. Losing a seed phrase can mean losing access to assets permanently.

Seedless wallets aim to remove that friction. They use advanced cryptographic techniques such as distributed key management and multi party computation to eliminate the need for users to manage a single recovery phrase.

For enterprises, this can reduce operational risk and simplify compliance processes.

Enterprise use and tokenized assets

Hanwha’s investment is also tied to real world asset tokenization.

As financial institutions experiment with tokenizing bonds, funds, and other traditional instruments, secure wallet infrastructure becomes critical. Enterprise clients require robust custody solutions that meet regulatory and security standards.

By supporting seedless wallet development, Hanwha positions itself closer to the infrastructure layer of the tokenization market.

South Korea’s growing digital asset footprint

South Korea has remained an active market for digital assets, with regulators gradually shaping clearer frameworks for exchanges and custody providers.

Major financial groups in the country have increasingly shown interest in blockchain applications beyond retail trading. Investments in infrastructure suggest that institutional players are preparing for broader integration of tokenized finance.

Hanwha’s move fits into that broader national trend.

A shift toward usability and compliance

The next phase of crypto adoption may hinge less on price volatility and more on user experience and security.

If seedless wallet systems can combine strong cryptographic safeguards with simpler onboarding, they could lower barriers for institutions and mainstream users alike.

Hanwha’s investment indicates confidence that wallet innovation remains a key bottleneck in scaling blockchain based finance.