Hallyu Bank KDC Added to Global Exchange XT... "For Hallyu Fans Worldwide"

[Asia Economy Reporter Hyunseok Yoo] Hallyu Bank announced on the 15th that its mainnet coin KDC (KingdomCoin) will be listed on the global virtual asset exchange XT.com.

XT.com is a global virtual asset exchange with a 24-hour trading volume of approximately 630 billion KRW, supporting margin trading and OTC over-the-counter trading, and has a mid-to-large scale global membership pool of about one million users.

The company explained that the reason for listing the self-developed mainnet governance token KDC primarily on global exchanges is because the global Hallyu fandom is distributed across multiple countries.

KDC will be primarily used for community rewards through the social platform Fantoo, targeting approximately 100 million global Hallyu fans worldwide. It will also be used for issuing Hallyu-based NFTs combined with entertainment. Hallyu fans are expected to increase the collectible value of their unique fan memorabilia by adding digital proof through non-fungible tokens.

The Hallyu fandom social platform Fantoo is conducting various activities to expand the global Hallyu fanbase, including a September birthday voting event that gifts birthday advertisements and TV and offline ads to favorite idols.

A Hallyu Bank official stated, “This listing on XT.com comes just one month after the listing on the LBank exchange at the end of August, aiming to expand the KDC user base beyond Asia to Western Europe. We will continue to list on overseas exchanges so that global Hallyu fans can use Fantoo, Fandom Chain, and KDC more conveniently.”

Meanwhile, Hallyu Bank recently joined the Metaverse Alliance as a member company, which is part of the Korean New Deal project led by the Ministry of Science and ICT, accelerating the development of IT, blockchain, and metaverse technologies to promote Hallyu worldwide.