Airoute Secures 5 Billion Won Through Third-Party Allotment to Accelerate Stablecoin Business Expansion

Airoute has decided to carry out a third-party allotment capital increase of 5 billion won, with participation from its largest shareholder and others, in order to accelerate its new stablecoin-based business initiatives.

On the 16th, Airoute announced that it would proceed with a capital increase totaling 5 billion won to secure working capital and expand its stablecoin business.

This capital increase will be allocated to the largest shareholder and Next No.2 Fund. The number of new common shares to be issued is 1,072,960, with the issue price set at 4,660 won per share.

Following the completion of this capital increase, the largest shareholder’s stake will increase from 17.4% to 22.2%. The company expects this to strengthen the largest shareholder’s commitment to responsible management and provide a stable foundation for business execution.

Airoute plans to use the funds raised for working capital, including the new stablecoin business. In particular, as the company has already secured an official license for its stablecoin business from an overseas financial authority, it expects to accelerate business execution.

A company representative explained, "The largest shareholder directly participated in this capital increase to demonstrate confidence in and commitment to the new stablecoin business," adding, "External investors also positively assessed Airoute’s growth potential and decided to invest."

The representative continued, "Based on the secured funds, we will promote both our existing business and the new stablecoin business, aiming to achieve results in the global market."

Previously, Airoute obtained an official license from the Astana Financial Services Authority (AFSA) for the issuance of stablecoins and the operation of its own global digital financial platform, FORTA.

This license is granted on a limited basis to companies with the ability to respond to related regulations and strong business operation capabilities. The company emphasized that it is the first domestic firm to obtain official approval from a financial supervisory authority in a country where stablecoins are legalized.

The Astana International Financial Centre (AIFC) is a special international financial zone established to attract companies in financial services, fintech, and digital assets. It operates its own legal and regulatory system based on the laws of England and Wales. As of the first half of last year, over 4,000 companies from 85 countries worldwide were registered there.

The AIFC has reportedly attracted cumulative investment totaling 16.9 billion dollars (approximately 26 trillion won), and Airoute plans to use this as a foundation to accelerate its entry into the global digital financial market.

Through this capital increase, Airoute aims to strengthen the control of its largest shareholder, secure the financial base needed to advance its stablecoin business, and accelerate its transformation into a digital financial platform company.

This content was produced with the assistance of AI translation services.