Crosshub (IDBlock) Wins Grand Prize at 2025 Global Startup Competition

## Crosshub, Honored with Grand Prize at 2025 Global Startup Competition for Innovative 'ID Block'! Accelerates Efforts to Dominate Global Market Crosshub, which developed the blockchain-based decentralized identity (DID) service 'ID Block', was awarded the prestigious Grand Prize at the '2025 Global Startup Competition', thereby gaining recognition for its technology and growth potential on the world stage. Co-hosted by global investment attraction platform BoxLadder, Peking University's Startup Training Camp, and UK's Simsan Ventures, this competition was a prestigious event where promising startups from around the world showcased their innovative ideas and business models. Crosshub's 'ID Block' is a next-generation fintech solution that integrates Know Your Customer (KYC) with a simple payment system. At this competition, it received high praise from the judges for its unparalleled security, excellent scalability, and infinite growth potential in the global market. Its versatility, particularly its applicability across various industries such as finance, travel, and e-commerce, was recognized as a strong competitive advantage. After fierce competition with 10 promising startups in the final round, Crosshub, which secured the Grand Prize, not only received prize money but also secured matching opportunities with three global investors and IR pitching slots, thereby establishing a crucial bridgehead for ID Block's entry into overseas markets. Leveraging this award as a stepping stone, Crosshub plans to actively pursue the establishment of overseas partnerships with the goal of expanding its business into key markets such as North America, Europe, and Asia. Park Jung-hee, Vice President of Crosshub, stated, "This Grand Prize award is a remarkable achievement, officially recognizing ID Block's technological prowess and global expansion potential." She further expressed a strong ambition, saying, "Moving forward, we will continue to lead and set new standards in the global identity verification and fintech markets through continuous research and development." Meanwhile, Crosshub has already been recognized for its innovativeness and growth potential domestically, including being selected as the top company in the Ministry of SMEs and Startups' Preliminary Startup Package in 2024 and as a final participant in Woori Financial Group's Dinolab Busan Batch 1 in 2025. Having solidified its foundation through business cooperation and investment linkage support with group companies, Crosshub is now garnering expectations as a key player to open new horizons in the global fintech market with this international award.