Express
Kakao to Record Private Securities on Its Own Blockchain as NFTs
Summary: South Korean internet giant Kakao’s blockchain arm Ground X is now storing and verifying unlisted investments as nonfungible tokens (NFTs) on its public blockchain. Unlisted investments are shares of startups that are offered to investors for purchase prior to a public offering. Since these securities are not listed on formal markets, they are traded over ...
South Korean internet giant Kakao’s blockchain arm Ground X is now storing and verifying unlisted investments as nonfungible tokens (NFTs) on its public blockchain. Unlisted investments are shares of startups that are offered to investors for purchase prior to a public offering. Since these securities are not listed on formal markets, they are traded over the counter (OTC).
By Amy Liu
Tags: Blockchain,Kakao,NFTs,Private Securities
Link: Kakao to Record Private Securities on Its Own Blockchain as NFTs [Copy]
