Galaxia Moneytree Shifts Main Role in STO Business to Galaxia FN
Galaxia Moneytree is shifting the operational framework of its fractional investment (STO) business to focus on its subsidiary, Galaxia FN.
According to Galaxia Moneytree on August 4, Galaxia Moneytree laid the groundwork for its STO revenue securities business by applying for a license as an investment brokerage for beneficiary certificates in September last year. In order to further enhance the business's expertise, independence, and scalability, the company plans to restructure its operational model with Galaxia FN at the center.
Starting with the application for approval, Galaxia FN will undergo review and due diligence by the financial authorities, and aims to strengthen its regulated business operations by reinforcing internal controls and investor protection systems. Galaxia Moneytree intends to drive all aspects of its STO business—including identifying underlying assets, structuring revenue securities, attracting investors, and managing products—centered around Galaxia FN.
In addition to Galaxia Moneytree, shareholders of Galaxia FN include ITCen Global, Korean Air, K Aviation, Hyosung ITX, and Tmonet, among others. The company aims to diversify the underlying assets eligible for STOs by leveraging each shareholder's industry-specific expertise and networks, and to establish a business foundation with long-term scalability.
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A company representative stated, "In the STO and tokenized securities market, the reliability of underlying assets, structuring capability, and investor protection framework are all essential. Galaxia FN will ensure a wide variety of specialized underlying assets in cooperation with its strategic shareholders, and will enhance market confidence as a regulated beneficiary securities investment brokerage."
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