Blockchain-based next-generation identity verification and global payment solution company Crosshub announced that it has attracted seed investment totaling USD 590,000 (KRW 800 million) from Krypton, Zeta Plan Investment, MYSC, and Y&Archer.

Established in May 2024, Crosshub was selected as the top company in the Ministry of SMEs and Startups’ preliminary startup package and was also named an excellent company in the 15th Kibo Venture program. Since then, it has completed market verification through its self-developed MVP and has been recognized as a top company in over 10 domestic and international startup competitions this year, including the Gyeonggi G-Star Audition Grand Prize and the B-Startup Fly Excellence Award.

In the first half of the year, Crosshub accelerated its entry into overseas markets by being selected for over 20 global expansion programs. Through a soft launch in five Southeast Asian countries, it secured 270,000 monthly active users (MAU) in just three months, confirming its potential in the global market. By the first half of this year, it had partnered with over 100 companies worldwide, securing approximately 120,000 affiliated stores, and its cumulative payment volume exceeded USD 369 million (KRW 500 billion).

In Korea, Crosshub is focusing on technological advancement and service stabilization by conducting approximately 20 Proof of Concepts (PoCs) with major banks and global Top-tier companies. Based on these achievements, Crosshub plans to officially launch its service in the first half of 2026.

Anfenee Kim, Global COO, stated, “The participation of multiple investors in this seed round is an official recognition of Crosshub’s technology and business scalability,” adding, “We are currently in the process of a pre-Series A round to attract overseas investment.”

Meanwhile, Crosshub was selected as a Shinbo Little Penguin company in the first half of this year, raising approximately USD 738,000 (KRW 1 billion) and securing a total of USD 3.4 million (KRW 4.6 billion) in funding, including R&D support projects, to accelerate its global expansion.