DeFi· ★★· neutral·

LG CNS: Digital Wallets Will Be the Core Financial Channel, On-Chain Interoperability Needed

  • —LG CNS says wallets are becoming the key touchpoint for new financial services, not just storage
  • —Demand for on-chain infrastructure will grow with deposit tokens, tokenized securities and stablecoins
  • —LG CNS is already testing interoperability between different blockchains and financial systems
  • —Avalanche APAC head stressed validator diversity and transaction privacy in tokenized securities
Why it matters: A major IT vendor for Korean finance is preparing infrastructure for institutional on-chain finance, which could accelerate tokenization in the country.
Source: Bloomingbit
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