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23 September 2019

Kakao's Klay Cryptocurrency to Make First Exchange Listing

Kakao's Klay Cryptocurrency to Make First Exchange Listing


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Kakao's Klay Cryptocurrency to Make First Exchange Listing.

South Korean messaging giant Kakao’s “klay” token – the native cryptocurrency of its recently launched Klaytn blockchain – is soon make its first official exchange listing on Upbit’s platform.

The exchange added that Upbit and Klaytn won’t profit from the auction and Upbit will “redistribute all proceeds” to users in the future.

The news that Upbit is the first platform to list Klay is perhaps not surprising given the close association of the two entities.

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