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.
Klaytn token down 15% in a month, but network’s TVL shows resilience
KLAY’s market cap is roughly 70% below its all-time high, but the network’s TVL and DApp data hint that the service-oriented blockchain might bounce from its lows.
South Korea’s leading blockchain facing greater competition in NFT market
South Korean blockchain platform Klaytn may see its domestic dominance dwindle if it cannot keep pace with competitors such as Polygon.
Korean internet giant Kakao expands blockchain presence to Singapore
Kakao wants to keep up with the enterprise blockchain competition in Asia as it eyes expansion to Singapore.
Bullish Bitcoin trading in Korea provides tailwinds for Kakao share price
Analysts in South Korea are predicting a significant share price increase for Kakao amid the current Bitcoin bull market.
Kakao to Record Private Securities on Its Own Blockchain as NFTs
The move will aid South Korea’s OTC securities market.
Kakao to Launch Browser Extension Wallet for Klay Crypto Before Dedicated App
Kakao’s in-development wallet for its “klay” cryptocurrency will support dapps and tokens based on the firm’s blockchain tech. The bad news is the launch has been delayed.
Binance Joins Governance Council of Kakao’s Klaytn Blockchain
Binance has joined the governance council of Kakao’s Klaytn blockchain network as the project scrambles for partners and use cases.
Kakao’s Klay Cryptocurrency to Make First Exchange Listing
The “klay” cryptocurrency from messaging app giant Kakao is to make its first official exchange listing on Upbit later this month.
South Korea’s Kakao May List Its Klay Cryptocurrency on Chinese Exchange
The government may not allow the coin to trade on a domestic exchange so it will look to other countries.
Shinhan Bank Teams With Kakao’s GroundX for Blockchain Security Boost
One of the oldest and largest banks in South Korea has partnered with two fintech firms to build a new security system using blockchain tech.
Kakao Teases 2019 Launch of Crypto Wallet, Dapp Partners
Messaging app giant Kakao – which launched its own blockchain in June – has teased the release of a crypto wallet dubbed “Klip” later this year.
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.
Upbit Operator Dunamu Invested $46 Million in Blockchain Startups in Last Year
South Korean firm Dunamu, operator of cryptocurrency exchange Upbit, says it invested $46 million in 26 blockchain startups over the last year.
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.
South Korea’s Kakao Leads $15 Million Raise for Public Blockchain Startup Orbs
South Korean messaging giant Kakao has led an over-$15 million crypto investment in Israeli-based public blockchain project Orbs.
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.
Kakao, Korean Government Plan to Solve Social Problems with Blockchain
Kakao’s blockchain subsidiary has announced it will work with a government-backed agency to develop blockchain projects focused on social services.
Kakao: How Korea’s Largest Mobile Giant Is Embracing Blockchain
Jason Han, CEO of Kakao’s blockchain subsidiary Ground X, tells CoinDesk his thoughts on how crypto could impact big business.
Kakao Confirms Creation of Blockchain Platform, Denies ICO Rumor
South Korean internet giant Kakao has confirmed it is setting up a new blockchain subsidiary, but quashed rumors of a planned initial coin offering.