Written by 11:07 AM Economics

Toss Securities to establish a U.S. subsidiary in the second half of this year… targeting individual investors.


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, “Toss Securities announced on the 30th that it will establish its U.S. subsidiary, Toss Securities Americas (TSA), in the second half of this year.”,
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, “At a regular board meeting, Toss Securities approved the establishment of the ‘affiliate company’ as originally proposed. TSA will be established as a 100% subsidiary of Toss Securities, with Kim Kyung-soo, CFO of Toss Securities, serving as the inaugural CEO.”,
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, ‘Toss Securities plans to actively seek global business opportunities by engaging more closely with U.S. securities firms and asset management companies.’,
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, ‘Kim Seung-yeon, CEO of Toss Securities, stated, “Based on the experience gained from collaborating with U.S. partners over the past two years, Toss Securities decided to establish TSA for closer cooperation and the pursuit of new business ventures,” and added, “Through the local subsidiary, we will create new business opportunities encompassing financial and non-financial sectors, and diversify our revenue streams.”‘,
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