Seoul: COOCON, a South Korean business data platform company, planned to launch Model Context Protocol (MCP)-based data services as it expands into the artificial intelligence (AI) agent market. The company said it aims to become a "dedicated data hub for AI agents" by converting its existing data into MCP format, enabling AI systems to directly access information across finance, the public sector, logistics, and telecommunications.
According to BERNAMA News Agency, COOCON's chief executive officer, Kim Jong-hyun, emphasized the importance of providing trustworthy data for AI agents in the evolving AI era. He stated, "We aim to evolve from providing application programming interfaces (APIs) for human users to delivering data directly for AI agents." Kim highlighted that COOCON's unique business structure, built on the MCP open standard, will serve as a gateway to the global AI agent ecosystem.
The company will launch a "Dedicated AI-Ready Data Zone" on its COOCON.NET platform in July, initially offering about 30 MCP-based products. The catalogue is expected to expand to more than 100 products by the end of the year and its full portfolio by 2027. COOCON stated that the platform is designed to enable companies to integrate external data for AI agents through standardized interfaces, reducing the need for manual system integration while supporting organizations adopting AI technologies.
COOCON also announced its participation in the Linux Foundation's Agentic AI Foundation as of June. The company will join the MCP Working Group alongside technology giants such as Anthropic, OpenAI, Google, Microsoft, Circle, Tron, and Stripe to contribute to the development of global MCP standards. COOCON anticipates that the MCP-based business will bolster revenue growth by increasing AI-driven data requests while expanding AI-compatible payment services alongside its existing data business.