News Formal

DeFi market has room for growth in Korea: 1inch co-founder — KBW 2022

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Korea’s DeFi journey is just getting started. 1inch co-founder Sergej Kunz reveals the decentralized finance aggregator’s plans to expand at KBW 2022.

Speaking to Cointelegraph during Korean Blockchain Week 2022 on Monda, co-founder Sergej Kunz said that despite the DeFi market being relatively small in Korea and Asia, there are a number of Asia-based Web3 companies that 1inch is looking to partner with.

“As soon as people understand that they can [yield] farm, they can swap, they can exchange and get easy access to cryptocurrencies on Ethereum with a few simple EVM-compatible networks, the market will grow a lot.” “Here, there are a lot of people who like gaming and a lot of things like that, so I think the DeFi market can grow a lot in South Korea.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

40th Annual Market Days kicks off, attendees line up for monkeypox vaccineThousands of people are expected to fill the streets to take in live music, a number of giveaways and a variety of food. Ok - it really doesn’t matter - does it ? Quit making this the new thing - get back to u do u and I worry about me -
Source: ABC7Chicago - 🏆 284. / 63 Read more »