Four Pillars, a South Korean blockchain startup, has secured a 700 million won investment from Kakao Ventures, Hashed, and BASS Investment.
The company focuses on assisting businesses in implementing blockchain projects by leveraging its collaborative experience and technological expertise. Four Pillars tailors its research to provide insights into blockchain technology, virtual asset fundamentals, legal aspects, and market analysis, aiming to streamline the entry process for businesses and reduce both time and costs.
Since its establishment in 2023, Four Pillars’ research pages have garnered an average of over 30,000 monthly visitors within just two months. The startup has collaborated with the major Japanese publisher Gentosha, creating content specifically for the Japanese market. Currently, Four Pillars boasts collaborations with Sei Network, with a market capitalization of 2 trillion won, as well as partnerships with the blockchain gaming platform Iskra, Line’s proprietary blockchain Finschia, and SKT’s web3 wallet, T Wallet.
Led by protocol experts who graduated from prestigious institutions, including Pennsylvania State University, KAIST, and Seoul National University, the three co-founders established Four Pillars in 2023, bringing extensive research experience from domestic blockchain companies and major corporations. Their capabilities have been recognized through engagements with various global blockchain projects and collaborations, even prior to securing investments. Notably, they gained attention for receiving research field sponsorship from the decentralized digital asset trading platform dYdX Foundation, known for its strict evaluation criteria.
With recent investments, Four Pillars plans to attract talent and expedite product development. Their commitment extends to continuous research content publication and contributing to the blockchain ecosystem by conducting practical demonstrations of blockchain projects, fostering the participation of various stakeholders.
Kim Nam-woong, the CEO of Four Pillars, stated in a release on Jan. 16, “Our primary task and company goal are to create a developer-friendly environment by offering high-quality research and developing products based on it. By alleviating unfriendly situations for both users and developers, we aim to lower the entry barriers to blockchain and expand the market share of the entire Web3 industry.”
