News linked to both this project and an event.
According to the official announcement, Bithumb will list the CHIP/KRW trading pair.
According to the official announcement, Upbit has listed USDAI (CHIP) trading pairs against the Korean won, Bitcoin, and USDT.
According to South Korean media outlet DigitalToday, Korean crypto venture capital firm Hashed Ventures announced raising KRW 3 billion (USD 2.2 million). The investment was led by Hecto Innovation and Hecto Financial—both subsidiaries of Hecto Group. The new capital will be allocated to Hashed Ventures’ “Hashed Venture Investment Fund No. 3,” with a focus on supporting new business areas including digital asset wallets and stablecoin-based payment and settlement solutions.
According to the official announcement, Upbit will list PIEVERSE trading pairs against KRW, BTC, and USDT.
According to The Asia Business Daily, DS Investment & Securities issued a research report lowering NAVER’s target price from its previous level to 300,000 KRW, while maintaining a “Buy” rating. Analyst Choi Seung-ho noted that the downward revision is primarily driven by two factors: first, NAVER’s operating profit margin for this year is projected to decline from 18.3% to 17.6%, due to rising advertising and e-commerce marketing expenses as well as depreciation costs; second, delayed legislative progress on cryptocurrency-related regulations is directly affecting the proposed merger between NAVER Financial and Dunamu, raising the possibility of further postponement beyond the originally scheduled completion in September. Previously, DS Securities had assigned a valuation of 15 trillion KRW to NAVER’s cryptocurrency business within its Sum-of-the-Parts (SOTP) valuation; this portion has now been removed from the updated report. Choi Seung-ho added that the e-commerce business remains NAVER’s core growth engine going forward, with annual e-commerce sales expected to reach approximately 2.7 trillion KRW.