Korea’s Institutional Crypto Race: Banks, Exchanges, and Infrastructure Builders Compete for Control

TLDR: Korean financial institutions are acquiring exchange equity stakes to control the front-end of digital asset finance before regulations are finalized. Korea’s custody market leads in operational activity, but all four major custodians reportedly posted net losses last year amid low institutional capital flows. Domestic infrastructure firms LG CNS, DSRV, and Altus are building Korea-native [...]

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