Korea Digital Assets (KODA), South Korea's largest institutional cryptocurrency custodian service, announced that it will receive a capital increase of 3 billion won (about $2.25 million). This is about twice the capital of KODA, and the target company for the capital increase is not yet known. KODA is a joint venture between KB Kookmin Bank, blockchain technology company Hatchlabs, and blockchain investment firm Hashd.

PANews reported on February 22 that, according to The Block, South Korea's largest crypto custodian, Korea Digital Asset (KODA), announced on Thursday that the value of its crypto assets under custody increased by nearly 248% in the second half of 2023. KODA, which was jointly established by major South Korean bank KB Bank, crypto venture capital firm Hashed and Blockchain technology company Haechi Labs, said in a statement that the value of its assets under custody grew from 2.3 trillion won at the end of June 2023 to about 8 trillion won ($6 billion) at the end of last year. South Korea currently restricts institutions and corporations from investing directly in Crypto Assets through exchanges, while Crypto Assets Custodians provide institutional investors with a regulated window to manage crypto assets. As of June 2023, the company has a market share of 80% in the local crypto asset custody space, KODA said, citing a report from South Korea's Financial Intelligence Unit. KODA says it currently serves about 50 corporate customers and manages 200 Long Wallet. In its statement, KODA said that the demand for crypto custody services is likely to grow further in the future.

Korea Digital Asset (KODA), South Korea's largest institutional crypto custody service, announced Thursday that the value of its crypto assets under custody increased by nearly 248% in the second half of 2023. KODA was founded by KB Bank, a major South Korean bank, Hashed, a crypto venture capital firm, and Haechi Labs, a Blockchain technology company. KODA said in a statement that the value of its assets under custody grew from 2.3 trillion won at the end of June 2023 to about 8 trillion won ($6 billion) at the end of last year. （The Block）

PANews reported on September 20 that according to official news, the first season open test of Yuga Labs’ LotM game will be launched on September 26. During the first season, users can hatch Mara, and Koda holders can start collecting fragments and Hunting Broken. Beta loot will be mintable at the end of each quarter and include LotM’s ever-expanding collection of in-game items.

Odaily Planet Daily News BAYC parent company Yuga Labs announced this week that the public beta test of its Legends of the Mara (LotM) game will launch in September, providing Otherdeed virtual land NFT holders with new NFTs and wider meta Cosmic experience. According to reports, Koda are the main guardians of Otherside. In this game, they are people who are good at farming, casting and hunting, and exist on 10% of the original 100,000 Otherdeed lands. (Decrypt) According to previous news, LotM will start after the "Otherside:2nd Trip" event ends. LotM introduces a new NFT series "Mara", which can evolve into Kodamara.

According to a CoinDesk report on June 22, Anichess, a subsidiary of Animoca Brands, completed a $1.5 million seed round of financing, with participation from GameFi Ventures, Coin Operated Group, Koda Capital, Bing Ventures, 708 Capital, and Asymmetry Capital. Funds from this round of financing will be used for team expansion and the development of a decentralized chess game. It is reported that Anichess is a free-to-play community game jointly developed by Animoca Brands, Chess.com's Play Magnus Group and its Champions Chess Tour. It plans to release an Alpha version in the first quarter of 2024.

PANews news on June 22, according to CoinDesk, Animoca Brands subsidiary Anichess completed a $1.5 million seed round of financing, GameFi Ventures, Coin Operated Group, Koda Capital, Bing Ventures, 708 Capital and Asymmetry Capital participated in the investment, this round of financing will be used For team expansion and game development. Anichess is a community-driven, free-to-play decentralized chess game jointly developed by Animoca Brands and Play Magnus Group under Chess.com, with an Alpha release planned for Q1 2024.