Samsung | Crypto

The Korea Securities Depository platform is expected to go live by February 2027, aligning with South Korea’s incoming security token framework. Samsung SDS, Samsung’s information technology services subsidiary, will reportedly build a token securities platform for the Korea Securities Depository (KSD), moving South Korea’s central securities depository closer to operating blockchain-based securities infrastructure as the country prepares a legal framework for tokenized assets.  Samsung SDS won a contract to build and operate the platform for KSD, according to local reports from Yonhap News Agency and The Korea Times. The project is expected to be completed by February 2027 and will convert a technology verification testbed into a formal system capable of stable service operations.  KSD plans to link its existing electronic securities account system with blockchain-based distributed ledger data to strengthen tokenized securities issuance and rights management, according to the reports.  Read more

Samsung Wallet integration with Coinbase has brought crypto access to 75M U.S. Galaxy users, including Coinbase One trials and a $25 credit, as a broader Samsung Coinbase Crypto galaxy expansion has been outlined for global markets. The post Samsung and Coinbase Unlock Crypto Trading for 75M Galaxy Users – Global Rollout Next? appeared first on Cryptonews.

Samsung Wallet and Coinbase aim to provide easier access to cryptocurrency for 75 million US Galaxy users, with a global rollout planned for the future. Consumer electronics giant Samsung has expanded its partnership with cryptocurrency exchange Coinbase, allowing its Galaxy smartphone users to buy crypto directly through its native Samsung Wallet. In the first phase, about 75 million Galaxy users in the United States will gain access to Coinbase One, a subscription service that offers zero trading fees, higher staking rewards and account protection for lost funds due to unauthorized access, Coinbase announced Friday. “Together with Samsung, we’re pairing their global scale with Coinbase’s trusted platform to deliver the best value for people to access crypto — starting with more than 75 million Galaxy users across the U.S., and soon around the world,” said Shan Aggarwal, chief business officer at Coinbase. Read more

Coinbase Ventures led a $14.6 million round for Bastion, a startup providing white-label stablecoin issuance with backing from Sony, Samsung, A16z and others. Update (Sept. 24, 5:45 pm UTC): This article has been updated to correct the date of Bastion’s $25 million raise in September 2023. Stablecoin infrastructure startup Bastion has raised $14.6 million in a funding round led by Coinbase Ventures, the company said Wednesday. According to a Wednesday announcement, the round also saw the participation of Japanese tech giant Sony, the investment subsidiary of South Korean phone maker Samsung, the crypto arm of venture capital (VC) firm Andreessen Horowitz and crypto VC firm Hashed. Read more