KIWOOM Securities files stablecoin trademark applications… Digital asset competition among securities firms heats up
Suehyeon Lee
Summary
- It was reported that KIWOOM Securities has filed multiple trademark applications related to stablecoins.
- This is noted as the third such case among securities companies, following NH Investment & Securities and Shinhan Investment Corp.
- KIWOOM Securities has reportedly continued making preparations to enter the digital asset business, such as signing an MOU for a tokenized securities (STO) business.
It has been confirmed that KIWOOM Securities has filed multiple trademark applications related to stablecoins.
According to the Intellectual Property Information Search Service of the Korean Intellectual Property Office on the 31st, KIWOOM Securities filed several trademark applications for stablecoins such as 'KiwoonKRW' and 'KRWKW' the previous day. Among securities firms, this is the third such case following NH Investment & Securities and Shinhan Investment Corp.
Meanwhile, KIWOOM Securities has continued preparations to enter the digital asset business, such as signing an MOU with Fairsquare Lab, a blockchain technology company, in 2023 for its tokenized securities (STO) business.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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