COOCON To Launch MCP-Based Data Business For AI Agents

KUALA LUMPUR, June 29 (Bernama) -- 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.

COOCON chief executive officer, Kim Jong-hyun said enabling AI agents to access trustworthy data would be key to the AI era.

“We aim to evolve from providing application programming interfaces (APIs) for human users to delivering data directly for AI agents.

“COOCON’s distinctive business structure, built on the MCP open standard, will serve as a gateway to the global AI agent ecosystem," he said in a statement.

According to the company, it will launch a "Dedicated AI-Ready Data Zone" on its COOCON.NET platform in July, initially offering about 30 MCP-based products before expanding the catalogue to more than 100 products by the end of the year and its full portfolio by 2027.

COOCON said the platform is designed to enable companies to integrate external data for AI agents through standardised interfaces, reducing the need for manual system integration while supporting organisations adopting AI technologies.

The company also joined the Linux Foundation's Agentic AI Foundation in June and will participate in the MCP Working Group alongside technology companies including Anthropic, OpenAI, Google, Microsoft, Circle, Tron and Stripe to help develop global MCP standards.

COOCON said it expects the MCP-based business to strengthen revenue growth by increasing AI-driven data requests while expanding AI-compatible payment services alongside its existing data business.

-- BERNAMA