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[Blockchain Today Reporter Jihye Han] On the 22nd, Milk Partners’ parent company, Key Inside (CEO Jo Jung-min), announced on the 22nd that it has attracted a strategic investment from Kakao’s blockchain technology subsidiary, Ground X.
Ground X is a blockchain technology affiliate of Kakao that operates its own public blockchain platform Klaytn and Klip, a Clayton-based digital asset wallet service that can be accessed through KakaoTalk. The Governance Council, which co-operates Clayton, is attending not only domestic leading companies such as LG Electronics and Amorepacific, but also global conglomerates such as Worldpay and Binance. Recently, strategic collaboration with big players, such as continuing cooperation with OpenSea, the world’s largest NFT marketplace, is also continuing to promote.
In particular, this investment cooperation is noted as the first case in which Ground X invests in an external company. Key Inside and Ground X plan to continue to develop practical joint business and technical cooperation with each other beyond simple alliances, and will cooperate closely in promoting KakaoTalk-based blockchain services.
In addition, based on the blockchain technology and service operation capabilities of Key Inside, the developer of the point integration service’MiL.k’, it plans to spur the joint development of the digital asset business and NFT business centered on points.
“With this investment attraction, both companies will actively share and develop the expertise accumulated in the blockchain industry and differentiated platform operation know-how, thereby creating new growth opportunities to create mutual synergy,” said Key Inside CEO Jo Jung-min. We will show new and more valuable services as many users expect.”
Ground X CEO Jae-seon Han said, “As Key Inside possesses excellent technology and know-how, we expect to create synergy with Ground X.” “Ground X plans to increase investment in leading companies that can lead the popularization of blockchain in the future.” Said.