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South Korea’s Tech Giant Kakao Speaks About DeFi In Glowing Terms

Tracy CHEN

Summary: According to cryptonews.com, One of South Korea’s biggest tech companies, Kakao, has spoken out about its desire to build an ecosystem for trading digital assets and has spoken about DeFi in glowing terms. Business lead at Ground X, the blokchain subsidiary of Kakao, hinted that the Klaytn platform (its blockchain platform) was open to expanding its ...

According to cryptonews.com, One of South Korea’s biggest tech companies, Kakao, has spoken out about its desire to build an ecosystem for trading digital assets and has spoken about DeFi in glowing terms. Business lead at Ground X, the blokchain subsidiary of Kakao, hinted that the Klaytn platform (its blockchain platform) was open to expanding its DeFi-related interests. He also spoke about Kakao’s plans to expand the scope of its own Klip wallet, allowing it to support tokenized copyright-related documentation, as well as bonds, derivatives, coupons, goods, and non-fungible tokens (NFTs).

Tracy Chen

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