South Korea’s former deputy finance minister will advise Hashed, which invests in cryptocurrency startups.
Hashed Open Research with its new advisor in the South Korean government officials, will bring together experts in the blockchain industry.
Investing in crypto and blockchain startups, Hashed was heavily affected by the Terra crisis that shook the cryptocurrency world. After the company invested in the Terra ecosystem More than $3 billion in losses.
Hashed, when the Terra project was newly established, Over 30 million LUNA tokens had bought. The value of these tokens, in April It was $3.6 billion.
Kim Yong-beom, who will advise Hashed Open Research, is at the ministry. From 2019 to 2021 he is assigned. Prior to working in the ministry, Kim served with the FSC, which oversees South Korea’s financial markets.