[Asia Economy Reporter Yoo Hyun-seok] T Scientific is showing strong performance. It appears that the news of holding shares in the cryptocurrency exchange Bithumb has had an impact.
As of 10:57 AM on the 1st, T Scientific was trading at 5,050 KRW, up 14.77% (650 KRW) compared to the previous trading day.
On the same day, an economic media outlet reported that T Scientific holds an 8.18% stake in the cryptocurrency exchange Bithumb. Additionally, it has acquired a 33% stake in a company called CoinStock and is promoting its cryptocurrency exchange business.
Bithumb's market share increased to 27% on the 22nd, immediately after receiving final approval for registration as a virtual asset service provider from the Financial Intelligence Unit (FIU) under the Financial Services Commission. Currently, its market share is maintained in the high teens to 20% range.
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