According to the Daily Planet, Korea Digital Asset (KODA), South Korea's largest institutional crypto custody service, announced on Thursday that the value of its managed crypto assets increased by nearly 248% in the second half of 2023. KODA was jointly established by South Korea's major bank KB Bank, crypto venture capital institution Hashed, and blockchain technology company Haechi Labs. KODA said in a statement that the value of its managed assets increased from 2.3 trillion won at the end of June 2023 to about 8 trillion won (6 billion U.S. dollars) at the end of last year.