Kakao Corp News

Kakao-backed firm Dunamu is reportedly launching a blockchain service platform designed to help companies start businesses.

Kakao Corp is reportedly planning a crypto wallet-to-messenger integration after the commercial launch of the Klaytn platform.

The next phase of the fundraising could occur this week, an executive told Bloomberg, on behalf of the company’s blockchain project.

Major South Korean messaging app operator Kakao Corp reported $57.5 million in operating expenses related to new tech, including blockchain and AI.

Kakao is close to completing the private sale of its cryptocurrency called Clay, raising $300 million.

S. Korea’s mobile giant Kakao Corp’s proprietary blockchain platform Klaytn has entered its testnet phase with selected partners.