AI Fusion Capital Group Enters Strategic Partnership with South Korea’s Pilab to Expand Bitcoin-Based Financial Solutions
AI Fusion Capital Group Inc. (Head Office: Minato-ku, Tokyo; hereinafter “the Company”) and its wholly owned subsidiary Mirai Coin Inc. have entered into a strategic partnership with Pilab Co., Ltd. (hereinafter “Pilab”), a blockchain technology company based in South Korea.
Pilab offers the “Bifrost Service,” a next-generation financial infrastructure built around Bitcoin. Through this partnership, the Company aims to implement a Bitcoin utilization scheme that will become the core of its crypto asset management business.
This alliance follows the Company’s June 17, 2025 announcement on the launch of its crypto asset management business and marks a shift from passive asset holding to proactive management. In particular, the adoption of a service model called “BTCFi”—Bitcoin-based decentralized finance—is expected to generate yield-driven financial solutions.
The Bifrost Service operates on the Bifrost Network, a multi-chain Layer 1 platform compatible with both EVM and non-EVM environments. Its key strength lies in its cross-chain technology, which aggregates fragmented liquidity and enables users to manage and transfer assets seamlessly across multiple blockchains.
The network is supported by decentralized validators, known as Network Validators, who are responsible for verifying and approving transactions. The Company has also announced its participation as a validator node operator, aiming to enhance the reliability of the Bifrost Network and strengthen its presence in the Japanese market.
BTCFi, provided through the Bifrost Service, is a yield-generating scheme based on Bitcoin deposits and functions as a form of decentralized finance (DeFi). Notably, it incorporates proprietary protocols such as CCCP (Cross-Chain Communication Protocol) and BRP (Bitcoin Relaying Protocol), enabling all transactions to be verified by decentralized relayers. Additionally, a highly secure vault system using multi-signature (multisig) technology has been implemented to ensure robust asset protection.
Founded in 2017 and headquartered in Seoul, Pilab is a software development company led by CEO Dohyun Park. The firm develops and operates a range of blockchain services centered on the Bifrost Network. Through this partnership, AI Fusion Capital Group aims to gain insights into the global crypto asset market and build a new competitive edge.
While the partnership is expected to have minimal immediate impact on consolidated earnings, it is seen as a key milestone in the Company’s long-term crypto asset strategy. Together with Mirai Coin and its broader group, AI Fusion Capital Group plans to accelerate the development of next-generation financial solutions aligned with the Web3.0 era.
Source: AI Fusion Capital Group Inc.
Image: Courtesy of press release
