Hanwha Group liquidates blockchain subsidiaries in South Korea and U.S.

  • Hanwha Group liquidated two blockchain subsidiaries during the first half of 2026.
  • Hanwha had 859 subsidiaries at June-end, up from 846 at the year’s start.
  • Hanwha added 59 subsidiaries and removed 46 during the first half of 2026.

Hanwha Group liquidated its blockchain-focused subsidiaries in South Korea and the United States during the first half of 2026, according to a correction to its half-year report. The filing identified both entities as Enterprise Blockchain Inc., while an earlier report described the South Korean company as Enterprise Blockchain Co. Digital Asset reported the change on Aug. 31. Hanwha’s total subsidiary count increased to 859 from 846 at the start of the year after 59 additions and 46 removals. The liquidation marks a retreat from dedicated blockchain operations as South Korean companies reassess digital-asset strategies amid regulatory scrutiny, market volatility and uncertain commercial returns. Hanwha’s unlisted subsidiaries rose to 848 from 835, with overseas entities classified as unlisted companies.

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