The Seoul-based company, whose clients include Samsung and LG, intends to use the funds to develop a range of blockchain tools, such as software development kits (SDK) and application programming interface (API) for setting up DeFi infrastructure and forging bridges between independent blockchains in South Korea and internationally.
Related posts
-
Binance Raises Compliance Staff by 34% to Meet Demands of Crypto Industry
Binance expands its compliance team to meet the growing... -
Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture
Avalanche’s unique three-chain architecture and novel consensus mechanism makes... -
Pro-crypto Legislation Could Usher in Renaissance for DeFi as TVL Rises 31%
Historically, institutions have hesitated to move on-chain due to regulatory risks. However, with bitcoin ETF AUM...