Treasurer, a South Korean investment platform specializing in expensive collectibles such as luxury watches and rare whiskey, has attracted Series A investment for its Security Token (STO) technology.Dunamis Asset Management, a private equity management company that recorded an operating profit of about 5.2 billion won in one year, participated in the Series A investment. The amount of investment remains undisclosed.

Dunamis Asset Management is an asset management company launched in 2021 and is emerging as an emerging powerhouse in the industry, recording an operating profit of about 5.2 billion won in one year after converting from an investment advisory company to a private equity management company.

Treasurer has gained over 400,000 users since its launch in 2021, offering investments starting from a minimum of 100 won. It has recruited 138 blue-chip products, with an average return rate of 10.1% and a maximum return rate of 42.1%.

Treasurer plans to use the funds to diversify its collection of pieces, upgrade its price crawling engine, develop social investment platform functions, and hire skilled professionals. Daewook Kim, CEO of Dunamis Asset Management, said, “Dunamis, which has been enhancing its alternative investment capabilities through investment in art, is now able further to strengthen its alternative investment portfolio with this Treasurer investment.” Kim Kyung-tae, CEO of Treasurer, said, “In line with the rapidly increasing demand for piece investment, we will do our best to build a service that meets investor protection and regulations and to create the right STO ecosystem. As collectibles are a market with high demand in Korea and abroad, we will quickly expand beyond Korea to overseas alternative investment markets.”

Treasurer is also participating in the vitalization of STO and has joined various groups to support the STO ecosystem. The startup plans to build a service that meets investor protection and regulations and creates the right STO ecosystem to expand its services beyond Korea to overseas alternative investment markets.

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