Woofun AI reports that KB Financial Group has established a 100 billion won fund, equivalent to approximately $67.29 million, dedicated to AI and digital assets. The investment vehicle targets Korean startups in the cryptocurrency sector alongside technology companies specializing in AI models, application services, data inference, and analysis.

The fund is jointly financed by KB National Bank, KB Securities, KB Insurance, KB National Card, and KB Life, with KB Investment designated as the manager.