a global financial institution specializing in digital healthcare and blockchain innovation, today announced that it has signed a Memorandum of Understanding (MOU) with FNEL Fund for a strategic investment valued at USD 30,000,000.

This partnership marks a significant milestone for IRIS BANK as it advances the expansion of its next-generation healthcare data platform and strengthens its blockchain ecosystem.

Investment Overview

• Investment Amount: USD 30,000,000 (approximately KRW 45 billion)

• Investment Structure: 20% Equity + 40,000,000 IRC Tokens

• Investment Schedule: Funds to be disbursed within 30 days following the execution of the Definitive Agreement

Executive Statements

Umar Zafar, Representative of FNEL Fund, commented:

“IRIS BANK’s distinctive blockchain-based healthcare data infrastructure holds tremendous potential in the global market. This investment will serve as a pivotal catalyst to accelerate IRIS BANK’s growth and innovation.”

Matsuoka Hideo, Representative of IRIS BANK, added:

“Through this strategic partnership with FNEL Fund, we will achieve both global market expansion and technological advancement. This investment will form a cornerstone for the long-term growth of the IRIS ecosystem and sustainable healthcare innovation.”

Future Outlook

This MOU extends beyond a simple capital infusion. It is expected to drive IRIS BANK’s expansion of global partnerships, strengthen the utility of the IRC token, and accelerate the development of next-generation digital healthcare solutions.

IRIS BANK plans to finalize the Definitive Agreement by the end of September and will actively pursue ecosystem expansion across Asia and key global markets.

About IRIS BANK

IRIS BANK is a next-generation digital banking and healthcare platform that integrates blockchain technology with AI-driven iris recognition. By operating kiosk services and mobile applications across Japan, China, and Vietnam, IRIS BANK enables secure healthcare data collection, analysis, and distribution, paving the way for a global healthcare data ecosystem.

About FNEL Fund

FNEL Fund is an international investment fund dedicated to supporting innovative enterprises in finance and technology. The fund emphasizes sustainable growth and long-term value creation through strategic investments in high-potential companies worldwide.