By Kim Bo-eun
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Captured from Klaytn's Facebook page |
The cryptocurrency is also set to be listed on Upbit Singapore, but Kakao said it could not specify the date.
Last year, Kakao's blockchain subsidiary Ground X developed its public blockchain platform Klaytn.
"We decided to list Klay on cryptocurrency exchanges in the respective countries, as we aim for Klaytn to become an Asia-based platform," a Kakao official said.
Ground X, established in 2018, has partnered with conglomerates including Samsung Electronics for its platform Klaytn.
The collaboration produced various blockchain applications and a wallet containing the cryptocurrency, Klay, for Samsung phones.
Other partners of Ground X are affiliates of LG Group including its electronics and telecommunications units and Hanwha Group, as well as biopharmaceutical firm Celltrion and major game companies.