| Mobile Web

Search results for CPN

Finance

Coocon posts 4.47 billion won Q1 operating profit, expands stablecoin and AI businesses

Coocon is expanding its business by positioning global payments, stablecoins and AI-based data services as its next growth drivers. First-quarter revenue fell 7.5 percent from a year earlier to 16.01 billion won, while operating profit rose 1.9 percent to 4.47 billion won. The company said it defended profitability through fee-based business expansion and cost efficiency, and plans to strengthen overseas payment links and stablecoin-based payments.

Finance

KOSPI enters pause as financial sector faces pressure for inclusive finance

South Korea’s stock market has surged on an AI semiconductor rally, pushing the KOSPI above 8,000 for the first time and lifting market value to sixth in the world, ahead of Taiwan. Brokerages posted strong first-quarter results as trading rose. Caution is also growing over volatility after the sharp run-up. Separately, “inclusive finance” has emerged as a key issue as banks and financial groups face pressure to expand support for vulnerable borrowers and strengthen public responsibility.

Crypto

HectoWalletOne launches USDC subscription plan to cut multichain burden

HectoWalletOne said on May 15 it will launch a USDC-only pricing plan, called the USDC kit, to meet rising demand for Circle\'s dollar stablecoin. The plan offers Octet APIs for building USDC infrastructure on a single monthly subscription. It supports six networks including Ethereum, Solana, Polygon, Avalanche, Arbitrum and Sui, aiming to reduce multichain infrastructure costs. HectoWalletOne also plans to respond to demand tied to Circle Payments Network use.