| Mobile Web

Search results for Link

Crypto

XRP spot ETF inflow run halts amid outflow, raising question of big investor exit

XRP spot exchange-traded funds recorded a net outflow of $5,153,410 on Sept. 17, pausing a recent inflow streak. The move was the first daily negative print in about a month, though weekly cumulative flows remained net positive. Outflows were concentrated in two products, while others were unchanged. Data limitations and ETF creation and redemption mechanics make it difficult to link flows directly to XRP spot supply and demand.

Fintech

IBK Industrial Bank of Korea to provide 300 billion won in financing for early-stage startups

IBK Industrial Bank of Korea will provide 300 billion won in financial support for early-stage innovative startups in partnership with the Korea Credit Guarantee Fund. The bank will link support from an initial loan to follow-on funding depending on a company’s growth stage. It will offer interest-rate reductions of up to 1.2 percentage points for initial support and up to 1.5 percentage points for follow-on support.

Games & Commerce

Kakao to soft launch first integrated membership on Oct 1 with first-come sign-ups

Kakao will introduce its first integrated membership next month, bundling benefits across services such as emoticons, Melon, Kakao Pay and Kakao Pay Securities. The Kakao Membership will begin as a soft launch on Oct. 1. Kakao will cap early sign-ups on a first-come basis to stabilise the service and then expand access in stages. From Sept. 21, users can apply for launch notifications through KakaoTalk.