Coon announced its investment in won stable currency company BxB

Block beat BlockBeats news, today, leading cryptocurrency trading ping Taiwan dollar announced the investment in won-stable currency company BxB, BxB has developed the first won-backed stable currency KRWb, which is anchored to won-1 ratio. For the investment, currency Zhao Changpeng Ann's chief executive, said "we are working with regional local partners for cooperation, and jointly implement currency in world further promote encryption currency using common mission. The investment is to explore step of South Korea's growth path, the south Korean market leading industry, with a strong position, can stimulate the blocks of Asia as a whole chain innovation."

It is understood that details of the partnership will be announced at a later date as development plans with BxB are still under way.

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