[Edaily Reporter Kang Min-koo ] Business data platform company coocon Corporation(294570)and blockchain infrastructure company DSR CORP are combining their respective data infrastructure and blockchain infrastructure capabilities to develop a new financial data service model.

coocon Corporation signed a Memorandum of Understanding (MOU) with DSR CORP on the 5th to collaborate in the areas of on-chain financial data APIs and Agent AI payments.

With this agreement, coocon Corporation plans to expand its existing API business into the on-chain data domain and broaden its business scope to include API payments for AI agents.

The first area the two companies will explore is an API that provides information related to the circulation of stablecoins, such as payments, collections, and settlements. The core objective is to enable financial institutions and enterprises to utilize functions—such as checking wallet balances and transaction histories, detecting deposits, verifying transaction confirmations, and providing settlement data—in a manner similar to existing financial APIs, without having to query the blockchain network directly.

coocon Corporation is finalizing plans to provide on-chain data generated on the blockchain in API format to financial institutions, fintech firms, and corporate clients, while DSR CORP will handle the collection and processing of on-chain source data and technical integration based on its multi-chain node infrastructure, which collects and processes data from multiple blockchains.

The two companies are also collaborating in the field of AI agent payments. This involves applying the x402 payment protocol to the data API currently provided by coocon Corporation via MCP (Model Context Protocol) and integrating it with DSR CORP’s wallet technology and blockchain infrastructure. x402 is an open protocol that processes stablecoin payments during API calls. By implementing this, AI agents can locate and call the necessary APIs and immediately settle payment for their use without any separate registration or contract procedures. coocon Corporation plans to expand the scope of API utilization to include AI agents and secure new distribution channels.

The two companies will also form a joint working group and, as their first task, conduct a proof of concept (PoC) for Agent AI API payment technology. During the proof-of-concept phase, they will also establish security standards for the segments where on-chain data and payment information are integrated between the two companies’ systems. Subsequently, they plan to assess the demand for stablecoin usage among individual and corporate customers to jointly develop wallet management and utilization services, and expand their collaboration into the corporate cash management sector, including global cash management services (CMS).

Seo Byung-yoon, co-CEO of DSR CORP, stated, “For stablecoins and on-chain financial services to become mainstream, data generated on the blockchain must be usable by financial institutions and businesses in a format they are familiar with.” He added, “Through our collaboration with coocon Corporation, we will connect on-chain data to existing financial services and build a new service model where AI agents handle everything from data utilization to payment processing.”

Kim Jong-hyun, CEO of coocon Corporation, remarked, “As the use of digital assets, such as stablecoins, expands, linking on-chain data with existing financial systems is becoming increasingly important.” He continued, “Based on coocon Corporation’s capabilities in commercializing financial data APIs and our customer network, we will expand our business scope to offer API services centered on on-chain financial data and AI agents, and we will continue to develop new business models for financial institutions and corporate clients.”