Hana Bank is introducing a real gold trust service, the first of its kind in the financial sector.
Hana Bank announced on the 18th that it signed a business agreement with Korea Gold Exchange Digital Asset on the 17th at its Euljiro headquarters to promote gold transactions.
Hana Bank launched the ‘Hana The Next My Gold Trust’ on this day. After customers sign a trust contract with Hana Bank and deposit real gold, they can dispose of it at a reasonable price through fair appraisal by Korea Gold Exchange Digital Asset.
Hana Bank plans to launch the ‘Hana The Next My Gold Operation Trust’ in the second half of the year, which will pay out real gold and operational revenue after managing the deposited gold for a certain period.
Lee Ho-sung, president of Hana Bank, noted, “We expect to fundamentally improve the distribution structure of real gold, which has been regarded as a mere storage asset, and open a new paradigm in the domestic gold transaction market,” and said, “We will continue to introduce new and innovative services that connect various real assets with finance.”