Press Releases

Everspin Supplies Security Solutions to Global Financial Group SBI Group

2025.02.18

SBI Digital Asset Holdings, which oversees the digital asset division of the SBI Group, its two subsidiaries, and financial info service company Wealth Advisor—a total of four companies—announced on the 18th that they have implemented Everspin's security solutions. This implementation was conducted through SBI Everspin, a joint venture between the SBI Group and Everspin. SBI Digital Asset Holdings is the company overseeing digital asset-related businesses for the SBI Group, focusing on building a value chain for issuing, managing, and securing liquidity for digital assets. Eversafe, implemented by SBI Digital Asset Holdings, is a solution embedded with MTD (Moving Target Defense) technology, which infinitely generates hacking prevention security modules so that a new security code operates every day. MTD is a technology whose necessity was emphasized by the U.S. government, and Everspin succeeded in its commercialization. Unlike existing security solutions that are exposed to hacking risks due to fixed security codes, Eversafe changes security codes in real-time to neutralize hacker attacks and has obtained patents in 12 major countries worldwide, including Korea, the U.S., Europe, and Japan. Everspin supplies solutions to major financial institutions in Korea such as KB Kookmin Bank, Kakao Bank, K-Bank, NH Nonghyup Bank, KB Card, Samsung Card, Samsung Life Insurance, Hanwha General Insurance, and Shinhan Investment & Securities. In particular, FakeFinder holds the number one market share in the domestic market. Recently, it has proven its global competitiveness by securing successive references in the overseas financial industry, such as BNI Securities and Bank Sumut in Indonesia. An Everspin official stated, "Through this large-scale implementation of our solutions by the global financial group SBI, we are able to further strengthen our position in the Asian financial market. We expect this to provide further momentum for our expansion into the Asian market, starting with Japan."