Search results for DTC
Games & Commerce
W Games Q1 operating profit up 25.1 percent to 68.5 billion won
W Games posted its best-ever quarterly results, helped by a turnaround to profit in new businesses and lower fee costs. The company reported first-quarter revenue of 205.0 billion won, up 26.6 percent from a year earlier. Operating profit rose 25.1 percent to 68.5 billion won and net profit increased 60.6 percent to 73.5 billion won. It plans medium- to long-term growth across social casino, iGaming and casual games.
Crypto
Ripple CEO says XRP now used as institutional collateral, signalling broader real-world use
Ripple CEO Brad Garlinghouse said XRP is being used as collateral on multiple institutional platforms through Ripple Prime. He made the remarks at Consensus 2026 in Miami while discussing institutional crypto adoption, saying institutions focus more on real-world usability than price. Ripple has highlighted acquisitions and prime brokerage as key pillars, citing the Hidden Road deal. The market has debated whether RLUSD, not XRP, is Ripple Prime’s core collateral asset.
Industry
MSIT designates 3 regulatory exemptions under special zone sandbox
South Korea\'s Ministry of Science and ICT said on April 12 it designated three regulatory exemptions for new technologies under the R&D Special Zone regulatory sandbox after holding the 58th R&D Special Zone Committee meeting on April 10. The exemptions cover a DTC gene-test-based dog identification and registration pilot, activated carbon made from recycled waste-plastic pyrolysis residues, and an AI prediction-based autonomous transport robot using original video data under required safety measures.
