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Category south korea

Parataxis Holdings to Go Public With Plans to Raise $640M for Bitcoin Treasury Strategy

Parataxis Holdings to Go Public With Plans to Raise $640M for Bitcoin Treasury Strategy

Institutional digital asset management platform Parataxis Holdings has struck a business combination deal with a publicly listed special purpose ac...
KakaoBank Mulls South Korean Won-Backed Stablecoin Launch by 2025: Report

KakaoBank Mulls South Korean Won-Backed Stablecoin Launch by 2025: Report

South Korea's KakaoBank is “reviewing” various methods, including the issuance of a won-backed stablecoin and digital asset custody. The post Kakao...
With South Korea's CBDC Plans Dead, KakaoBank Joins Stablecoin Gold Rush

With South Korea's CBDC Plans Dead, KakaoBank Joins Stablecoin Gold Rush

The online lender joins a growing wave of Korean fintechs eyeing stablecoin issuance after the government scrapped its CBDC pilot in favor of priva...
Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by SilverBox

Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by SilverBox

The newly public firm will pursue bitcoin-focused treasury strategies in the U.S. and South Korea.
Institutional interest boosts XRP’s resurgence in South Korea and Japan

Institutional interest boosts XRP’s resurgence in South Korea and Japan

XRP is gaining renewed traction in Asia, driven by fresh institutional interest and infrastructure developments in South Korea and Japan, two of th...