Hanwha Life Completes Acquisition of U.S.-Based Velocity Clearing, LLC, Becoming the First Korean Insurer to Signal a Bold Expansion into North American Capital Markets
Entering the
Delivers 25% CAGR in Revenue Over the Past Three Years… Proves Business Growth and Stability in the
Strengthening U.S. market competitiveness through global financial synergy with the
Hanwha Life, South Korea’s first life insurance company, has officially completed the acquisition of a 75% stake in
With this transaction, Hanwha Life becomes the first Korean insurance company to acquire a
Working closely with
Hanwha Life representative said, “This transaction represents a significant step for Korean finance to establish a presence in the key financial center, the
About Hanwha Life
Established in 1946 as Korea’s first life insurance company, Hanwha Life has over 78 years of experience and reported total consolidated assets of
About Velocity Clearing
Velocity Clearing is a technology-driven, self-clearing broker/dealer providing execution services, clearing, and custody along with access to stock locate services, securities lending, competitive financing, and a firm-wide focus on world-class customer service. Velocity Clearing supports retail traders and institutional clients including brokers/dealers, hedge funds, family offices, and proprietary trading firms in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250731488709/en/
Hanwha Life
[email protected]
Velocity Clearing
[email protected]
Source:



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