Co-CEOs on building trust in the digital asset market [Web3 People]

The Korea Economic Daily's Web3 People column interviewed Bonanza Lab co-CEOs Hyoyeon Jeon and Hyeyeon Park. Bonanza Lab is an affiliate of Bonanza Factory, a digital asset compliance company, and launched its DayFin data solution in early 2024.

The company collects and processes exchange data, blockchain data and community information, then delivers investment information on a B2B basis to financial institutions, media outlets and fintech companies.

Jeon pointed to the impending Virtual Asset User Protection Act as raising the stakes for reliable data, while Park argued that the shortage of information available to investors was itself a source of harm, making market integrity urgent. The two said services would roll out sequentially through banks and securities firms in the second half of the year, with longer-term plans to extend into overseas digital asset data and other asset classes.