Organization Name – INFCL
Category – 
Services
INFCL is a Web3 consulting and acceleration firm based in Seoul, South Korea, known for bridging blockchain startups with the mainstream market. Also referred to as INF CryptoLab, the company is part …of the ITCen Group’s consulting arm and focuses on helping both emerging Web3 projects and traditional enterprises navigate the cryptocurrency and blockchain space
INFCL positions itself as one of Korea’s leading Web3 accelerators and marketing agencies, with the team claiming “numerous successful cases” in its portfolio
In practice, the firm provides a mix of technical consulting and go-to-market support – from strategy and research to community management – aiming to connect innovative crypto technologies with real-world business applications in Asia
According to the company’s materials, INFCL offers services such as narrative strategy, influencer marketing, public relations and business development for blockchain ventures entering the Korean market
It has acted as a local partner for several high-profile global projects, and the firm lists names like Sui, Injective, Mantle and Avalanche among those it has helped bring into Korea
INFCL has also collaborated on marketing or research initiatives with decentralized finance pioneers including Uniswap and other Web3 startups
By leveraging what it describes as one of the largest crypto communities in Korea – a network of developers, investors and enthusiasts – INFCL helps overseas projects localize their message and gain traction with Korean users
At the same time, it provides advisory services to Korean companies exploring blockchain, essentially operating at the intersection of the crypto startup ecosystem and more conventional industries. Over the past two years, INFCL has notched several notable milestones that underscore its growing role in the industry. In late 2023, the firm attracted attention by securing a major contract with Hana Securities, one of South Korea’s largest brokerage houses, to build what is billed as the country’s first comprehensive security token offering (STO) platform
The deal, valued at around $10 million, was announced publicly in November 2023 after Hana Securities selected INFCL (in partnership with parent company ITCen) as the project’s lead technology provider
INFCL emphasized the significance of the mandate, noting that it marked a milestone as South Korea’s first full-scale STO system led by a traditional securities firm
According to the team, Hana had engaged INFCL for preliminary consulting in mid-2023 before entrusting it with the full build-out of the platform, which is slated to cover everything from tokenized asset issuance to trading and compliance by the second half of 2024
This Hana Securities initiative has been highlighted by observers as a pioneering move linking mainstream finance with blockchain in the Korean market. INFCL’s CEO, Oh Tae-wan (who often goes by Teo Oh), said the project aims to fuse Hana’s core brokerage systems with a cutting-edge token platform, calling it a “significant milestone” that signifies the convergence of traditional Web2 finance with Web3 services
Industry outlets reported that as Hana’s tech partner, INFCL is responsible for integrating advanced blockchain features into the platform, working alongside global blockchain networks to ensure the new STO system can handle tokenized securities from issuance to circulation
The venture comes as Korean regulators have begun warming to security tokens – in early 2023, authorities laid out guidelines to recognize and regulate tokenized securities – leading several major financial players to explore the space
Following Hana’s lead, other top brokerages like Mirae Asset and KB Securities were reported to be formulating their own STO platforms, underlining how INFCL’s early involvement gave it a front-running position in this emerging market
Beyond the Hana project, INFCL has been involved in a broader push to connect Korea’s financial industry with blockchain innovation. The firm reportedly provides blockchain consulting to multiple domestic securities and banking institutions. For example, by late 2024 INFCL was collaborating with Hana Securities, KB Securities and Korea Investment & Securities on integrating Web3 technology into their businesses
In October 2024, INFCL earned a Risk Management Authentication (RMA™) certification from VaaSBlock, a blockchain audit and compliance firm, which was seen as an endorsement of INFCL’s operational integrity and security standards
Obtaining the RMA badge reinforced the company’s credibility as a de facto trusted partner for enterprises venturing into digital assets. According to VaaSBlock’s announcement, INFCL’s strength lies in its ability to advise both Web2 and Web3 clients – from traditional financial institutions to crypto startups – in navigating the complexities of blockchain adoption
This dual focus is central to INFCL’s identity: it is simultaneously helping established corporations experiment with tokenization and guiding crypto-native projects in dealing with regulatory and market challenges. INFCL’s leadership has been careful to present these advancements in a balanced, strategic light. Rather than positioning itself as a disruptor against incumbents, the firm often speaks of collaboration and convergence. Public comments by INFCL executives frequently stress partnership with existing institutions. For instance, in reference to the Hana Securities STO endeavor, the company noted its commitment to supporting Hana in becoming a top digital financial platform, rather than competing with such institutions
This approach has made INFCL a notable example of the “Web2 meets Web3” trend in Korea’s tech sector. By working within the framework of traditional finance – securing memoranda of understanding with brokerages, complying with financial regulations, and obtaining certifications – INFCL appears to be positioning itself as a bridge for innovation that big companies can trust. At the same time, it maintains a startup-like agility in the blockchain space, engaging with cutting-edge areas like real-world asset tokenization. In late 2023, INFCL entered a strategic partnership with Catalyze Research, a blockchain R&D firm known for early investments in projects like Polygon, to bolster research on security tokens and real-world asset markets
Through such collaborations, INFCL has signaled an interest in staying at the forefront of technical innovation while delivering practical solutions for clients. The company’s activities extend to nurturing the startup ecosystem as well. As a Web3 accelerator, INFCL runs programs to incubate early-stage projects, and it has leveraged partnerships to provide resources for startups under its wing. In March 2025, INFCL announced a partnership with Google Cloud, through which startups selected for the INFCL acceleration program receive free cloud credits to build on Google’s infrastructure
The offer – worth $25,000 in cloud services per startup – is intended to give young Web3 companies a boost in developing scalable, secure applications
INFCL’s CEO was quoted saying that access to Google’s robust tech stack is “essential” for Web3 startups aiming for global competitiveness, reflecting the firm’s view that blending top-tier technology with blockchain ideas can accelerate growth
In addition to technical support, INFCL provides mentorship in marketing and community building, organizing events and connecting projects with key opinion leaders (influencers) in the crypto space. The firm has hosted investor meet-ups and workshops to showcase its portfolio startups, all part of its go-to-market strategy to help projects gain users and credibility. According to the team, one success story from its accelerator program was 0G Labs, which INFCL cites as having achieved a leading global node-sale performance after applying the firm’s market strategy in Korea
Similarly, INFCL claims it helped turn around public sentiment for the Sui blockchain in the Korean market by executing a targeted narrative and outreach campaign during Sui’s launch
These claims, while difficult to quantify externally, illustrate how INFCL pitches its value-add to prospective clients – by combining local market insight with hands-on execution to deliver tangible growth metrics. INFCL’s emerging profile has been noted in both crypto industry media and mainstream press. Its work with Hana Securities was reported by outlets like Ledger Insights and Binance News as a breakthrough example of a traditional financial firm embracing tokenized securities with a startup partner
Press releases about INFCL’s milestones have appeared on global newswires, and the company actively shares updates through social channels and blogs to bolster its thought leadership in Web3. While much of the narrative comes from INFCL’s own claims and announcements, there is growing third-party interest in the outcomes of its projects. Analysts point out that South Korea’s financial markets are at an inflection point regarding blockchain adoption, and firms like INFCL are at the heart of this transition. Ledger Insights, for example, highlighted that Korea’s STO efforts (including Hana’s platform) are geared toward retail investors and alternative assets, hinting that INFCL’s involvement plays into a national strategy of broadening investment options via blockchain
Such context suggests that if INFCL’s projects succeed, they could have significance beyond the company’s own fortunes, potentially influencing how other businesses approach Web3 integration. In summary, INFCL presents a case of a Web3 startup-style firm integrating with establishment players in a balanced, cooperative manner. The company has built a diverse track record – from consulting on security token infrastructure for major banks to executing marketing campaigns for DeFi protocols – all within a relatively short span. INFCL’s team portrays these efforts as steps toward a future where blockchain technology and traditional industries co-exist seamlessly. They often describe their mission as accelerating the Web3 ecosystem’s growth while ensuring it aligns with the needs and standards of legacy institutions
For prospective partners, enterprise clients, and investors, INFCL’s story so far is one of rapid development amid the larger crypto boom in Asia. The firm has assembled notable partnerships (such as with Hana Securities and Google Cloud) and earned credentials that lend it a degree of trustworthiness in a sometimes turbulent industry
Still, as a young company operating in an evolving regulatory environment, many of INFCL’s biggest initiatives – from the Hana STO platform to new institutional products – remain in progress. As a result, the coming years will be crucial in validating the company’s ambitions. According to the team, INFCL is confident that by continuing to straddle the line between innovation and compliance, it can solidify its position as a key player in bringing Web3 technologies into the mainstream in South Korea and beyond Read More
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