The boost may come down to the popularity of one specific token.
Kakao Corp News
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The race for blockchain adoption is on in South Korea.
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Kakao’s KLAY token is now trading with a South Korea won pairing despite the country’s restrictions on ICOs.
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The 100k user milestone represents 2% of Kakao’s current user base in South Korea.
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The CEO of Kakao said that the Klaytn blockchain developed by its subsidiary Ground X is similar in operation to Facebook’s Libra network but more advanced.
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Cryptocurrency exchange Binance is joining the governance council of Klaytn, a blockchain project led by South Korean internet giant Kakao.
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Klay, the cryptocurrency of South Korean social messaging platform giant Kakao, will be listed on Upbit Indonesia tomorrow.
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A special edition of the new Galaxy Note 10 for the South Korean market will reward users with free KLAY tokens.
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Kakao’s blockchain arm Ground X is reportedly in talks with one Chinese and one South Korean exchange for listing its native coin Klay.
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South Korean internet giant Kakao Corp has launched a teaser page for its forthcoming cryptocurrency wallet, Klip.
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South Korean internet giant Kako has announced the release date of its blockchain platform.
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Kakao-backed firm Dunamu is reportedly launching a blockchain service platform designed to help companies start businesses.
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Kakao Corp is reportedly planning a crypto wallet-to-messenger integration after the commercial launch of the Klaytn platform.
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The next phase of the fundraising could occur this week, an executive told Bloomberg, on behalf of the company’s blockchain project.
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Major South Korean messaging app operator Kakao Corp reported $57.5 million in operating expenses related to new tech, including blockchain and AI.
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