Bitplanet Sparks Korean Crypto Shift With $40M Bitcoin Treasury Move

TLDR: Bitplanet, formerly SGA, rebrands and launches South Korea’s first institutional Bitcoin treasury with $40M capital. The firm will deploy $40M into BTC on day one, signaling growing institutional crypto adoption in Korea. Asia Strategy Partners leads the investment, enabling the launch of Korea’s first institutional BTC firm. The move follows regional trends of firms [...]

The post Bitplanet Sparks Korean Crypto Shift With $40M Bitcoin Treasury Move appeared first on Blockonomi.