Home Blockchain Korean Blockchain Project Klaytn Commits $20M to Blockchain Research

Korean Blockchain Project Klaytn Commits $20M to Blockchain Research

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Korean Blockchain Project Klaytn Commits $20M to Blockchain Research


Klaytn, introduced by messaging app Kakao’s blockchain arm Ground X, went live in 2019 and now has “millions of users in Korea,” it said. Its KLAY token has over $880 million in market cap, according to CoinGecko data, making it the 66th largest cryptocurrency. Its governing body at launch included electronics giant LG, with crypto exchange Binance and South Korea’s Shinhan Bank joining later.

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