Woori Bank files 12 trademark applications for KRW stablecoins

YM Lee

Summary

It was reported that Woori Bank has filed 12 stablecoin trademark applications.
The applied trademarks include WKRW, KRWOORI, WONKR, CKRW.
As interest in KRW stablecoins grows, companies in the payment industry are increasing trademark filings.

It has been revealed that Woori Bank has filed 12 trademark applications for stablecoins.

According to data from the Korea Intellectual Property Rights Information Service (KIPRIS) of the Korean Intellectual Property Office as of the 9th, Woori Bank applied for 12 trademarks, including WKRW, KRWOORI, WONKR, and CKRW on the 7th.

As interest in KRW stablecoins rises, companies in various fields such as banking, securities, and fintech that engage in payment businesses are also racing to file trademarks for KRW stablecoins.