Daishin Financial Group acquires real estate platform Kasa
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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hoondork1977@alphabiz.co.kr | 2023-03-16 06:57:44
[Alpha Biz=(Chicago) Reporter Paul Lee] Daishin Financial Group announced on the 15th that it has signed an acquisition contract to purchase a 90% stake in Kasa, Korea's first real estate digital earnings and securities exchange.
Daishin Financial Group plans to increase synergy between securities, finance and real estate businesses through the acquisition of Casa's management rights and expand its token securities (ST) business base in the future.
Daishin Financial Group plans to reorganize the related system so that it can be linked to Daishin Securities' accounts on the Kasa platform in the first half of this year and invite additional promising real estate for investment.
Kasa is a platform for investing in commercial buildings for a small amount of money. It trades four listed income certificates with commercial real estate in Gangnam and Yeouido, Seoul as its underlying assets. There are 170,000 members. The cumulative number of app downloads is 370,000.
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