It follows a history of crypto projects from Kakao, including its Ground X blockchain subsidiary, which won the South Korean Central Banks’ CBDC tender last year.
Kakao to Record Private Securities on Its Own Blockchain as NFTs
The move will aid South Korea’s OTC securities market.
Kakao’s Klaytn Blockchain Has Gone Live With Support From Major Firms
The Klaytn blockchain from the fold of messaging app giant Kakao has launched on its mainnet, with a governing body including big enterprises like LG.
Kakao’s Blockchain Arm Raises $90 Million in Private Token Sale
Ground X, the blockchain subsidiary of South Korea’s Kakao, has raised $90 million in a private coin offering, Bloomberg says.
Messaging Giant Kakao Launches Its Own Blockchain for Testing
Kakao’s blockchain arm Ground X has announced the launch of the test version of its proprietary blockchain network dubbed Klaytn.