Tagged: kakao

Tokeny, Klaytn Foundation Unite for RWA Tokenization Adoption in Asia

Tokeny and Klaytn Foundation unite for “massive” RWA tokenization adoption in Asia Tokeny, the global tokenization platform, announces its strategic alliance with Klaytn Foundation, an EVM-compatible public blockchain “developed by the renowned Korean IT giant, Kakao.” This strategic alliance is set “to catalyze the widespread… Read More

Fintech Unit of Kakao, a Major South Korean Tech Firm, Submits IPO Paperwork, Seeking $1.4B

Kakao Pay, a Fintech division of Kakao, which is the South Korean company that operates the KakaoTalk messenger app, reveals that it has submitted its initial public offering (IPO) filing. The company intends to secure as much 1.632 trillion Korean won (app. $1.4 billion) in… Read More

Kakao’s Blockchain Affiliate Ground X Launches Digital Asset Wallet “Klip”

Ground X, the blockchain subsidiary of the leading South Korean mobile platform, Kakao, announced on Wednesday the launch of its digital asset wallet, Klip. According to Ground X, Klip offers users the opportunity to experience digital asset on their mobile devices. The wallet is available… Read More

Malta-based Crypto Exchange OKEx Joins Global Blockchain Platform Klaytn to Promote DLT Adoption

Malta-based digital asset exchange OKEx announced recently that it will be joining the global blockchain platform Klaytn, which has been developed by Kakao’s subsidiary Ground X. On October 25, OKEx’s management noted that blockchain project Klaytn is preparing to onboard the digital currency exchange into… Read More

Kakao Ventures Backs Blockchain based Payment Platform & Stablecoin Terra

Blockchain-based payment platform Terra has received an investment from VC Kakao Ventures – an independent subsidiary of South Korea’s internet firm, Kakao. The amount of the investment was not disclosed but was said to fund the expansion and mainstream usage of Terra’s blockchain payment solution… Read More

Kakao’s Ground X Announces New Blockchain Platform “Klaytn”

Ground X, the blockchain subsidiary of the leading South Korean mobile platform, Kakao, announced on Monday the launch of its new blockchain platform, Klaytn. According to Ground X, the platform seeks to improve the inconvenient UX of existing blockchain platforms by allowing average end-users to… Read More

Blockchain Platform Orbs Expands Into South Korea Through Partnership With Kakao Subsidiary Ground X

Orbs, an Israel-based hybrid blockchain scaling base-layer protocols, announced on Tuesday it has established a partnership with Ground X, the blockchain subsidiary of South Korean internet company Kakao, for research, development, and business cooperation. Through the partnership, Orbs has expanded into South Korea and opened… Read More

China: WeiyangX Fintech Review

Financial Technology Becomes a New Spotlight of the Belt and Road Initiative Belt and Road Forum for International Cooperation, also known as the Belt and Road Initiative, was held in Beijing on May 14-15. President Xi Jinping highlighted the role that financial technology has played… Read More

Tumblbug Closes 1.7 Billion KRW Series A Round Led by DCM Ventures, Naver and Strong Ventures

Tumblbug, South Korea’s crowdfunding platform for independent creators, has raised 1.7 billion KRW (just over US$1.5 million) in Series A funding led by DCM Ventures, Naver and Strong Ventures. Tumblbug is considered one of the country’s fastest growing crowdfunding platform with 65 percent of the more than… Read More

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