Investment firm KKR has finalized an agreement to purchase KRW 1.22 trillion (approximately USD 820 million) in newly issued convertible bonds from Samsung SDS. Samsung SDS, known for its blockchain and IT financial services, has been active in digital transformation since 2020, including launching a blockchain platform and collaborating with Shinhan Bank on a blockchain-powered certificate service. KKR will support Samsung SDS with advisory services in mergers and acquisitions, capital allocation, AI products, and global expansion, while also boosting investment in AI infrastructure.