Neobank K-Bank May Have to Postpone IPO Plan as Crypto Winter Bites

Publikováno: 29.6.2022

#Bitcoin News #Exchange #Cryptocurrency #IPO #South Korea #Banking

An up-and-coming South Korean bank appears to be suffering from the crypto market’s volatility – and may have to shelve its initial public offering (IPO) plans if crypto winter continues.
Per ENews Today, K-Bank, the banking partner of the market-leading crypto exchange Upbit, is “experiencing difficulties.”
The report explained that the bank – which had hoped to follow its biggest rival Kakao Bank onto the stock market – has been hit with a double whammy of bad news....
Read More: Neobank K-Bank May Have to Postpone IPO Plan as Crypto Winter Bites