Korea Investment & Securities and Kakao Group to build digital asset issuance and wallet services
- —MOU signed with Kakao, KakaoBank and KakaoPay
- —Scope covers issuance and distribution of digital assets
- —Joint services planned for investment, remittance and settlement
- —E-wallet and custody infrastructure also in the works
Why it matters: A major Korean brokerage and the Kakao ecosystem are preparing digital asset infrastructure ahead of expected regulatory clarity.
Source: Digital Today