Search results for KDX
Crypto
Koscom reorganises to respond to capital markets changes, expands digital asset division
Koscom said on Tuesday it carried out an organisational restructuring to respond to changes in the capital markets environment and secure future growth drivers. The company expanded its Digital Business Division into a Digital Asset Business Division to build infrastructure covering issuance, distribution and settlement. It also upgraded a digital asset task force into a formal department, set up a new service department, and launched task forces for extended trading development and KDX platform work.
Finance
KDX, NXT chosen for STO over-the-counter exchange pilot; Lucentblock left out
South Korea\'s Financial Services Commission selected the Korea Exchange-Koscom KDX consortium and the NextTrade-Musicow NXT consortium as preliminary license candidates to open a pilot over-the-counter exchange for tokenised securities. The FSC granted NXT conditional approval, saying it would halt the full licensing review if the Fair Trade Commission opens an administrative probe into technology theft allegations raised by Lucentblock. Lucentblock was dropped after receiving a lower evaluation score.
Finance
KakaoPay targets expansion across brokerage, payments and AI after first full-year profit
KakaoPay plans a broad expansion across retail, investment banking, AI, payments and digital assets after posting its first full-year profit. The company reported 50.4 billion won in operating profit and 55.7 billion won in net profit for 2025. KakaoPay Securities will focus on retail and IB growth and participation in the KDX consortium. KakaoPay will link AI services with KakaoTalk and target payment growth, while treating stablecoins as a longer-term initiative.
