The Digital Currency Group (DCG) has made a strategic investment in a cryptocurrency trading platform in South Korea, and appears unfazed by the country’s regulatory tightening.

Crypto-focused venture capital firm DCG is the second-largest shareholder in Streami, which in turn operates the Gopax trading platform, according to an announcement Thursday.

The size of the investment has not yet been disclosed.

Streami, as we were told, is the operator of the South Korean-based cryptocurrency exchange Gopax, which has a 24-hour trading volume of about $115 million, according to data. CoinMarketCap.

The investment indicates that DCG is not worried that crypto exchange Gopax will be harmed by the country’s transition to a more stringent regulatory environment.

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Trading platforms in the country have until September 24 to register as Virtual Asset Service Providers (VASPs), allowing the country to determine the legality of the company’s operations in terms of fraud, money laundering, etc.

The head of the Financial Services Commission, South Korea’s regulator, suggested in April that all cryptocurrency exchanges in the country could be shut down in September given that none of them were registered with the government-designated program.

This investment deal also establishes a partnership between Streami and Genesis, the latter is a cryptocurrency lender and a subsidiary of DCG.

The partnership between Streami and Genesis will see the Gopax trading platform used for Genesis’ liquidity pool to offer lending and savings products.

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Last December, Gopax launched its Gofi savings product, which has about $600 million in user deposits.

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