South Korean Kakao Corp’s Ground X Plans to Extend ICO After Raising $90 Million
The crypto unit of South Korea’s largest internet conglomerate Kakao Corp will repeat its initial coin offering (ICO) after netting $90 million from investors, Bloomberg reported on Mar. 11.
Klaytn, the blockchain platform which is the responsibility…
Korea’s Crypto Exchanges are Backed by the Country’s Biggest Bank and Internet Firm
South Korea’s two largest crypto exchanges UPbit and Gopax are backed by the country’s biggest bank and internet company Shinhan Bank and Kakao.
Importance of Shinhan Bank’s Involvement
The vast majority of investors in South Korea are…