Webtoon platform Kakao Piccoma buys 50% of Japan's Sakura Exchange
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.
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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, a major Korean tech and internet company, has acquired significant controlling power in a Japanese crypto exchange. Kakao conducted this deal through its Japan branch, and the new development could make it possible for the company to combine its crypto services with its online cartoon creations. Kakao, Biggest Shareholder On The Platform According to a notice [...]
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.
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