Express

Samsung Securities Raises Target Stock Prices for Kakao Pay, Citing Potential of Korean Stablecoin to Benefit Fintech Companies

Summary: Samsung Securities has identified Kakao Pay and NHN KCP as top picks in the Korean stablecoin sector, raising their target stock prices by 23.4% and 24.8% respectively. The firm believes that if South Korea allows non-bank fintech companies to issue stablecoins in the future, major platforms like Kakao Pay will have a significant first-mover advantage ...

Samsung Securities has identified Kakao Pay and NHN KCP as top picks in the Korean stablecoin sector, raising their target stock prices by 23.4% and 24.8% respectively. The firm believes that if South Korea allows non-bank fintech companies to issue stablecoins in the future, major platforms like Kakao Pay will have a significant first-mover advantage and sees potential for generating income through stablecoin circulation. (Fnnews)

Last Update:

Tags:
Link: Samsung Securities Raises Target Stock Prices for Kakao Pay, Citing Potential of Korean Stablecoin to Benefit Fintech Companies [Copy]

Last: Some Hong Kong Crypto OTC Stores Temporarily Close on First Day of Stablecoin Regulations

Next: Trump: Powell too stubborn, Fed Board should take over his duties

Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 15 days ago

CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 16 days ago

Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 24 days ago

GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025

U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025