South Korea2026.11.03TokenPost

Nine Custody Firms Post KRW 18.6 Billion Operating Loss in H1; Hyperithm Decides to Withdraw License Renewal Application

• Nine custody providers' combined H1 2026 operating loss reached KRW 18.6 billion, up from KRW 9.3 billion in H2 2025.
• Total assets under custody dropped 25% (KRW 76.7 billion) to KRW 230.4 billion as of end-June 2026, down from KRW 307.1 billion at end-2025.
• Hyperithm decided to withdraw its license renewal application amid regulatory delays affecting the planned opening of the corporate digital asset custody market.