SK Group’s IT investment arm to launch its own crypto token this year

SK Square is planning to launch its own crypto by the end of 2022. The company is the IT investment arm that was spun off from SK Telecom in November 2021 and is an affiliate of SK Group, South Koreas third-largest conglomerate by revenue. SK Square has already set up a blockchain task force that will oversee the planned crypto project, according to Coindesk. The crypto will first be first issued and under the purview of the countrys top 10 conglomerates. The crypto will be used to integrate the virtual economies of the groups various businesses. The token will be used in SK Telecoms...



source: https://tokenpost.com/SK-Groups-IT-investment-arm-to-launch-its-own-crypto-token-this-year-9559

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