2 years ago
SK Square, the concern limb of South Korean conglomerate SK Group, volition walk immoderate 2 trillion won ($1.6 billion) crossed 3 years connected semiconductors and blockchain, according to a report.
“This volition people the archetypal twelvemonth erstwhile SK Square creates caller shareholder worth by investing successful chips and blockchain, the fields that we are acquainted with and we spot a precocious maturation potential,” Park Jung-ho, main enforcement serviceman and vice president of SK Square told The Korean Herald connected Monday.
The steadfast plans to motorboat its ain token earlier the year-end, according to a previous report. The caller integer plus volition beryllium portion of a caller blockchain economical strategy crossed SK Telecom’s metaverse ‘Ifland’ and its affiliates‘ net service.
SK Square was spun disconnected from SK Telecom successful November past year. It has already made investments successful the crypto space. In November 2021 SK Square acquired a 35% involvement successful crypto speech Korbit worthy 90 cardinal won ($75 million).
This quality was archetypal announced successful the company's shareholder gathering connected Monday.
SK Square was not instantly disposable for remark erstwhile contacted by CoinDesk.
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Camomile Shumba is simply a CoinDesk quality newsman based successful the UK. She antecedently worked arsenic an intern for Business Insider and Bloomberg News. She does not presently clasp worth successful immoderate integer currencies oregon projects.
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