MoneyStation Signs MOU with HappyBlock for Institutional Crypto Brokerage Business
- MoneyStation and HappyBlock announced that they have signed an MOU for collaboration on a crypto brokerage business targeting institutional investors.
- The two companies aim to create new business opportunities by building AI and financial engineering-based crypto analysis and brokerage systems.
- MoneyStation revealed plans to collaborate with HappyBlock to sell the crypto version of 'Signal Engine' to global financial institutions.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Investment tech company MoneyStation announced on the 5th that it has signed a memorandum of understanding (MOU) with digital asset brokerage firm HappyBlock to collaborate on a crypto brokerage business tailored for institutional investors.
Through this agreement, the two companies plan to cooperate in various business areas, including the development of AI and financial engineering-based crypto analysis, order, and brokerage systems. They also aim to create new business opportunities such as the introduction of crypto ETFs, digital transformation, and AI transition support.
Lee Jung-il, CEO of MoneyStation, stated, "We will collaborate to enable asset managers using HappyBlock's 'Baumann' platform to utilize the crypto version of our investment analysis solution, 'Signal Engine.' We also plan to engage in global financial institution sales for the export of new services."
Meanwhile, MoneyStation provides content from its financial big data AI analysis solution 'Signal Engine' and collective intelligence investment platform 'MoneyStation' to securities firms, banks, and hedge funds. HappyBlock operates the digital asset management platform 'Baumann' and offers specialized financial services for corporate and institutional investors investing in cryptocurrencies like Bitcoin and stablecoins.

Doohyun Hwang

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