Key Takeaways
- • Hanwha Life signed a digital finance partnership with the Abu Dhabi Investment Office (ADIO) covering development of a digital asset ecosystem and stronger links between Korean and Abu Dhabi financial markets, announced at the Abu Dhabi Investment Forum (ADIF) Seoul on Sept. 16.
- • Hanwha Asset Management signed a memorandum of understanding with ADGM and Hana Financial Group focused on stablecoins, cross-border payments, remittance services, and an interoperable digital asset ecosystem.
- • Hanwha Life and ADIO plan to assess business opportunities in digital assets, including real-world asset tokenisation.
- • Hanwha Finance has partnered with ADGM for Abu Dhabi Finance Week 2026, scheduled for December in the UAE capital, building on relationships formed during Abu Dhabi Finance Week 2025.
- • The moves are framed as part of Hanwha Finance's Digital Asset Silk Road strategy, with Hanwha Life CEO Hyek Woong Kwon saying the agreements should translate into specific commercial opportunities supporting international growth.
Summary
Hanwha Finance is deepening its relationship with Abu Dhabi's financial sector as part of its Digital Asset Silk Road strategy, according to the original report. The expanded cooperation was announced by Hanwha Life, Hanwha General Insurance, Hanwha Investment & Securities and Hanwha Asset Management, following agreements signed with the Abu Dhabi Investment Office and ADGM during the Abu Dhabi Investment Forum (ADIF) Seoul, held at the JW Marriott Hotel Seoul on Sept. 16.
Senior Hanwha executives attended alongside representatives of the Abu Dhabi government and financial sector. Participants included Hyek Woong Kwon, vice chairman and CEO of Hanwha Life; Dong Wook Kim, chief global business officer at Hanwha Life; and Dongjun Im, CEO of Hanwha Asset Management, who attended with Seungpill Baik, head of digital innovation at the asset manager. Abu Dhabi representatives included Shamis Ali Al Dhaheri and Badr Al-Olama, while Fatima Al Hammadi, head of ADIO's Fintech, Insurance, Digital and Alternative Investments Cluster, also joined the event. ADIF is an investment forum organised by ADIO to present Abu Dhabi's investment environment and growth sectors to international companies and investors.
Hanwha Life signed a partnership with ADIO focused on digital finance cooperation. The agreement covers development of a digital asset ecosystem and closer links between Korean and Abu Dhabi financial markets. Hanwha Life and ADIO also plan to assess business opportunities involving digital assets, including real-world asset tokenisation, as part of their digital banking and financial innovation work.
Hanwha Asset Management signed a separate memorandum of understanding with ADGM and Hana Financial Group. The MoU focuses on stablecoins and cross-border financial infrastructure, with the parties examining digital asset and payment systems serving Korea and Abu Dhabi, including cross-border payment and remittance services. It also covers development of an interoperable digital asset ecosystem, which Hanwha Asset Management said will support its wider expansion in international digital finance.
Separately, Hanwha Finance has partnered with ADGM for Abu Dhabi Finance Week 2026, which takes place in the UAE capital in December. The latest agreements build on relationships developed during Abu Dhabi Finance Week 2025, and the group is seeking deeper links with financial institutions across the Middle East. Kwon said the agreement should turn cooperation with Abu Dhabi into specific commercial opportunities and support Hanwha Life's international growth plans. The Seoul event brought together companies and investment representatives from Korea and Abu Dhabi to discuss long-term investment opportunities and new business partnerships.
Senior Hanwha executives attended alongside representatives of the Abu Dhabi government and financial sector. Participants included Hyek Woong Kwon, vice chairman and CEO of Hanwha Life; Dong Wook Kim, chief global business officer at Hanwha Life; and Dongjun Im, CEO of Hanwha Asset Management, who attended with Seungpill Baik, head of digital innovation at the asset manager. Abu Dhabi representatives included Shamis Ali Al Dhaheri and Badr Al-Olama, while Fatima Al Hammadi, head of ADIO's Fintech, Insurance, Digital and Alternative Investments Cluster, also joined the event. ADIF is an investment forum organised by ADIO to present Abu Dhabi's investment environment and growth sectors to international companies and investors.
Hanwha Life signed a partnership with ADIO focused on digital finance cooperation. The agreement covers development of a digital asset ecosystem and closer links between Korean and Abu Dhabi financial markets. Hanwha Life and ADIO also plan to assess business opportunities involving digital assets, including real-world asset tokenisation, as part of their digital banking and financial innovation work.
Hanwha Asset Management signed a separate memorandum of understanding with ADGM and Hana Financial Group. The MoU focuses on stablecoins and cross-border financial infrastructure, with the parties examining digital asset and payment systems serving Korea and Abu Dhabi, including cross-border payment and remittance services. It also covers development of an interoperable digital asset ecosystem, which Hanwha Asset Management said will support its wider expansion in international digital finance.
Separately, Hanwha Finance has partnered with ADGM for Abu Dhabi Finance Week 2026, which takes place in the UAE capital in December. The latest agreements build on relationships developed during Abu Dhabi Finance Week 2025, and the group is seeking deeper links with financial institutions across the Middle East. Kwon said the agreement should turn cooperation with Abu Dhabi into specific commercial opportunities and support Hanwha Life's international growth plans. The Seoul event brought together companies and investment representatives from Korea and Abu Dhabi to discuss long-term investment opportunities and new business partnerships.
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